China 5G chip designer Eigencomm raises $157m
SoftBank Vision Fund II has led a CNY 1bn (USD 157m) Series C for Shanghai-based chipmaker Eigencomm, with participation from new investors Cathay Capital, CoStone Capital, Chobe Capital, and GF Qianhe, a unit of GF Securities.
Existing investors such as Qiming Venture Partners, Fupu Fund, Qianhai Xingwang Investment, and China Universal Asset Management re-upped. Founded in 2017, Eigencomm produces chips for internet-of-things...
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