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CMOS sensor startup CVSENS raises hundreds of millions of yuan

Chinese CMOS image sensor startup CVSENS has raised a funding round worth hundreds of millions of yuan, according to startup data provider Dealroom. The company develops CMOS sensor technology, a component used in cameras for smartphones, vehicles and industrial equipment. Details on investors, valuation and planned use of proceeds were not disclosed in the announcement, and the company has not yet issued a public statement on the funding.

Why now: Investor and tech-industry interest in China's semiconductor and sensor sector is driving attention to new funding deals.

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