Silicon Integrated closes RMB180m Series B financing round

2020-06-02
|
Isiah Liu

ToF chip design company Silicon Integrated announced that it has received 180 million yuan in a Series B financing.


Around 120 million yuan of the investment was led by CTC Capital and joined by Source Code Capital; and 60 million yuan of the funding was jointly injected by Allin Capital, Jiangmen Ventures and well-known mobile phone industry chain funds.


Proceeds from this round of financing will be used to expand the mass production of back-illuminated high-resolution ToF and smart audio products, as well as invest in the research and development of lidar, optical sensing and multi-sensing fusion technologies.


Established in January 2016, Silicon Integrated is a developer of ToF signal integrated circuit and provider of 3D visual solutions.


The company's integrated circuit products provide users with high-precision, low-power, and low-noise sensor signal processing that are applied in AR/VR technology, machine vision, drones, facial recognition, autonomous driving and many more applications, enabling manufacturers and businesses to integrate ToF integrated circuits into their products.


RELATED ARTICLES

Xbed Xi Hotel receives RMB100 million in financing
2020-11-18
|
Tourism , PEVC

Memoray completes tens of millions of yuan in Series B financing
2020-11-18
|
PEVC , Medical care

Sier Education closes multi-mln-dollar Pre-A led by Qiming Venture Partners
2020-10-26
|
Education , PEVC

Eugenlight Technologies closes Series A of RMB tens of millions
2020-09-13
|
PEVC , Semiconductor , Electroinic

BPassword closes angel round led by Eagle Fund
2020-09-13
|
PEVC , Blockchain

Best Compound closes Pre-A with RMB of 100 million led by CTC Capital
2020-09-09
|
PEVC , Semiconductor

XYZ Robotics closes Series A+ with USD 20 mln
2020-08-27
|
PEVC , Robot

StreamNative closes multimillion-dollar Pre-A led by Source Code
2020-08-14
|
Streaming data , PEVC

Standard Robots closes RMB100m Series B round
2020-08-06
|
PEVC , Robotic , Manufacturing

Zhongneng United completes C1 round financing from State Power Investment Industry Fund
2020-08-04
|
Machinery , Construction , PEVC , Industrial Internet , B2B
China SDG