BYD-backed round lifts Chinese IC maker AaltoSemi's total fundraising to $351m

BYD-backed round lifts Chinese IC maker AaltoSemi's total fundraising to $351m

Photo by Adi Goldstein on Unsplash

China’s AaltoSemi, a developer of integrated circuit (IC) substrates, has secured a new investment from investors including the country’s electric vehicle (EV) giant BYD to bring its overall fundraising so far to over 2.5 billion yuan ($351.3 million).

Edited by: Joymitra Rai

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