✉news BusinessStartups first seen 3 d ago, last 2 d ago, peak #11
Kuaishou-backed chip startup Lingchuan raises $150M Series B
Chinese chip startup Lingchuan, backed by short-video company Kuaishou, has raised $150 million in a Series B funding round. The company works on semiconductor technology, a sector drawing intense investor interest amid China's push for chip self-sufficiency. The funding will support the startup's development and expansion, though details on lead investors and valuation have not been disclosed.
Why now: Investor and industry attention on China's semiconductor sector makes new chip funding rounds newsworthy.
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