Existing investor Qualcomm put up a share of the $45.6m round for the OLED integrated circuit supplier, which counts several other corporates as backers.
China-based display technology producer Yunyinggu has collected RMB300m ($45.6m) of series D funding from investors including mobile semiconductor producer Qualcomm, Tech in Asia reported yesterday.
The round was led by Sequoia Capital China and included fellow venture capital firms Northern Light Venture Capital and Qiming Venture Partners.
Founded in 2015 and also known as Viewtrix, Yunyinggu supplies LED-enabled integrated circuits for displays in consumer electronics, specifically models using OLED and AMOLED light diodes to offer enhanced quality and energy efficiency.
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