Legend Capital's semiconductor-focused fund leads $100m Series B for Chinese AI startup

Legend Capital's semiconductor-focused fund leads $100m Series B for Chinese AI startup

Black Sesame Technologies (Shanghai) Co., Ltd, an artificial intelligence (AI)-enabled digital imaging technology developer, has raised nearly $100 million Series B round led by SL Capital, a semiconductor-focused fund backed by Legend Capital, according to an announcement.

The round was joined by Chinese state-owned automaker SAIC Motor; SK China, an affiliate of South Korean conglomerate SK Group; investment firm China Merchants Capital; Delta Capital; and FengHe Fund Management.

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