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There were 45 financing cases in China's semiconductor industry in September of 2023, up 5% year-on-year and 7% month-on-month.
DataCanvas completed recently an RMB300 million($41 million) series D1 round of financing
Zenosic secures RMB 300 million($41 million) in A1 financing round
China’s new energy vehicle production and sales exceeded 4.5 million units in the first seven months of 2023, a year-on-year increase of more than 40%.
There were 37 financing cases in China's semiconductor industry in July of 2023, down by 20% year-on-year and similar to June.
GTA Semiconductor raised RMB13.5 billion($1.8 billion)
Avatr Technology, the premier smart EV brand under Chinese carmaker Changan Automobile, announced securing RMB3 billion from its latest fundraising, bringing its post-funding valuation to nearly RMB20 billion.
AMS becomes insolvent and officially entered the bankruptcy and liquidation process
There were 37 financing cases in China's semiconductor industry in May of 2023, up by 3% year-on-year but down by 23% month-on-month.
Investment and financing activities in China's Internet sector were sluggish in the second quarter due to a lack of high-value projects and fluctuations in the capital market.