Matrix leads $73m Series C for China’s Semi-Tech
Matrix Partners China has led a CNY 500m (USD 72m) Series C for Semi-Tech, a China-based software provider to the semiconductor industry, at a post-money valuation of CNY6bn.
Other participants include government-linked investor G60 Science & Technology Fund, Yangguang Renfa - a fund launched by Shenzhen-listed Sungrow Power Supply and Hefei Renfa Energy Investment - and Shanghai-listed...
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