SoftBank China Capital’s investment in a $30.6m round for the sensor manufacturer follows on from previous rounds backed by SIG China.
FineMems, a China-based sensor technology provider, has raised RMB200m ($30.6m) in a series D round featuring SoftBank China Capital, the corporate venturing arm of telecommunications and internet group SoftBank.
Changing Innovation Investment, a vehicle launched by securities firm Changjiang Securities, also backed the round, as did venture capital firm F&G Venture.
Founded in 2011, FineMems manufactures micro-electromechanical system sensors used by companies in the automotive, internet-of-things, smart home appliance and industrial control sectors.
The company had previously raised $6.9m in…
