Biren Technology helped provide $120m for CPU producer HJ Micro while ArcelorMittal is set to invest $100m a year through its XCarb Innovation Fund and Accelerator Programme.

China-based central processing unit manufacturer HJ Micro has secured RMB800m ($120m) in angel and pre-series A funding from investors including chipmaker Biren Technology, 36Kr reported today. Walden International, Hillhouse Capital’s GL Ventures unit and CDH Investments’ CDH Venture and Growth Capital subsidiary co-led both rounds, investing alongside Xinlanwei, Xingrui Capital, CD Capital, Green Pine Capital Partners, Creo Capital, Zhongyiren Investment, Haihe Qirui Capital and Xiao Ventures.

Cavallo Ventures, the strategic investment arm of agribusiness Wilbur-Ellis, has co-led an $82m series…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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