China’s Tsing Capital joins $20m round for GaN Systems
Beijing-based Tsing Capital has participated in a $20 million Series C round of funding for GaN Systems, a Canadian fabless semiconductor developer. Local VC firm Cycle Capital is the lead investor.
Other participants in the round include BDC Capital, Chrysalix Energy Venture Capital and RockPort Capital. GaN Systems manufactures power-switching semiconductors using gallium nitride (GaN) in place...
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