Cash Capital has reinvested in the semiconductor technology developer through a $46.3m series D round.
Cash Capital, the venture capital arm of Chinese Academy of Sciences, has contributed to a RMB300m ($46.3m) series D round for China-based semiconductor technology developer Southchip Semiconductor, Yicai Global has reported.
Smartphone maker Vivo Communication Technology and venture capital firm Lightspeed China Partners co-led the round, which also featured Sequoia China and undisclosed new and existing investors.
Founded in 2015, Southchip is focused on the development of semiconductors designed to control the charging of batteries in smartphones, computers…
