China's SemiDrive raises $139m in Series B+ to speed up auto chip adoption

China's SemiDrive raises $139m in Series B+ to speed up auto chip adoption

Visuals from SemiDrive's official website.

China’s SemiDrive Technology has raised nearly 1 billion yuan ($138.9 million) in a Series B+ round of financing led by an SAIC Motor-backed investment fund to speed up the mass production and application of its automotive chips.

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