Legend Capital co-led a $282m series B round for chipmaker Eswin Computing Technology which will use the money to fund R&D, recruitment and manufacturing.
China-based semiconductor technology developer Eswin Computing Technology raised more than RMB2bn ($282m) yesterday in a series B round co-led by Legend Capital, the venture capital firm formed by conglomerate Legend Holdings.
VC group IDG Capital co-led the round, which also featured Beijing Xindongneng Investment Fund, a vehicle backed by electronic components producer BOE Technology.
Riverhead Capital, Lighthouse Capital, Triniti Capital, Broad Vision Funds and undisclosed additional investors filled out the round.
Founded in 2016, Eswin is working on integrated chips…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
