China 5G chip designer Cygnus raises $100m
Chinese 5G chip design company Cygnus Semiconductor has raised USD 100m in Series A funding and an extended pre-Series A round led by Matrix Partners China and Wofo Capital.
BAI Capital, Walden International, and existing investors CDH Venture and Growth Capital, GGV Capital, and Green Pine Capital Partners also participated. CDH led the CNY 400m (USD 63m) pre-Series A last...
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