The image sensor provider's latest round was led by Xiaomi Changing Industrial Fund and backed by Lenovo Capital, Wingtech Technology and Transsion Holdings.

Consumer electronics manufacturer Xiaomi’s Changing Industrial Fund has co-led a RMB1.5bn ($225m) funding round for China-headquartered image sensor chip producer SmartSens, DealStreetAsia has reported.

The round was co-led by China Merchants Bank’s CMB International subsidiary, an undisclosed telecoms-focused fund and the state-owned China Integrated Circuit Industry Investment Fund.

Lenovo Capital, the investment arm of electronics manufacturer Lenovo, also took part, as did chipmaker Wingtech Technology, smartphone producer Transsion Holdings, Sequoia Capital China, China Internet Investment Fund, China Fortune-Tech Capital, Haitong…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.