Chinese chipmaker Cygnus Semiconductor has secured nearly 400 million yuan ($62.0 million) in a pre-Series A round of financing, while disposable contact lenses brand moody has raised a total of about 380 million yuan ($58.9 million) across two rounds.
CDH leads $62m pre-Series A round in Cygnus
Chinese 5G-based Internet of Things (IoT) chipmaker Cygnus Semiconductor has secured nearly 400 million yuan ($62.0 million) in a pre-Series A round of financing led by CDH Venture and Growth Capital (VGC), a unit of China-focused alternative investor CDH Investments.
