Warburg Pincus backs China new materials business
Ambilight, a China-based new materials company focused on electrochromic (EC) components, has raised several hundred million dollars in Series C funding led by Warburg Pincus.
Other investors include Pagoda Investment and Cygnus Equity, which also served as the financial advisor for the round. The proceeds will go towards R&D, production capacity expansion, and global commercialization....
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