Chip designer SmartSens raises nearly $225m in funding from ICF, Xiaomi, others

Chip designer SmartSens raises nearly $225m in funding from ICF, Xiaomi, others

SmartSens

SmartSens Technology Co., Ltd, which specialises in the design of CMOS image sensing (CIS) chips for smart clarity and smart pixel, has raised approximately 1.5 billion yuan ($225 million) in a funding round co-led by a clutch of marquee investors, as per a company statement on Friday.

China Integrated Circuit Industry Investment Fund (ICF) — a state-owned semiconductor-oriented fund co-launched by China Development Bank Capital, China Tobacco, and others in 2014 — Xiaomi Changing Industrial Fund, China Merchants Bank’s CMB International, and a telecom-focused fund, jointly led the current fundraising.  

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