Existing investor Da Heng Qin contributed to a round that increased the semiconductor technology provider's overall funding to $155m.

Yaohui Technology, the China-based semiconductor technology producer also known as AkroStar, has raised RMB500m ($78m) in a series A round backed by construction group Da Heng Qin.

Gaorang Capital led the round, which also featured University of Macau Development Foundation and Macau University of Science and Technology Foundation as well as Matrix Partners China, Lanpu Ventures, Sequoia Capital China, GL Ventures, V Fund and Panorama Capital.

Founded in June 2020, AkroStar provides intellectual property (IP) tools to chipmakers. IP blocks,…