Startup Yuntu Semiconductor raises undisclosed investment in Series A+ round

News
Corporate developments

Latest funding marks the company’s fifth investment round

Suzhou Yuntu Semiconductor Co. Ltd. (Yuntu) has raised several hundred million yuan in A+ financing round, the company said in a press release on 29 July. Existing shareholders, including Xiaomi Production Investment and Lianxin Capital, increased their stakes, while new investors included Jinbang Capital, BAIC Capital, Beijing Kinetic Energy (SPC), China Universal Asset Management, and Yongxin Capital.

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