Artosyn, a Yangpu-based company that develops system-on-chip (SoCs) for drones, has raised a total corpus of over 500 million yuan ($78 million) in its Series B and B+ rounds of financing.
Four investors jointly led the round. These include three returning backers – Beijing IC Manufacturing and Equipment Equity Investment Fund, F&G Venture, and Huaxu (Guangzhou) Industry Investment Fund, besides new investor Chuanhu Innovation Fund, per an official company statement on Thursday.