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.
