Semiconductor startup AkroStar has closed its angel and pre-Series A rounds of financing raising more than 400 million yuan ($62 million), per a company statement on Wednesday.
The pre-Series A round was backed by a slew of investors including Asia-focused PE firm Hillhouse Capital, Sequoia Capital China, V Fund, early-stage focused firm Gaorong Capital, Green Pine Capital Partners, and 5Y Capital and others.
