Ceramic chip capacitor startup Viiyong raises USD294.61 million in Series B funding round

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The fresh funding will enable Viiyong to scale MLCC for automotive applications at two new facilities

China-based Viiyong has raised CNY2 billion (USD294.61 million) in Series B investment round, it said in a press release on 17 August. The funding round was supported by Chinese investment banks CITIC Securities and GF Securities, as well as investment firms SDIC Venture Capital and Technology Financial Group.

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