SynSense nets nearly $20m and 16 more deal updates from Greater China

Neuromorphic computing solutions specialist SynSense has garnered nearly 200 million yuan ($30 million) in its pre-Series B round of financing co-led by Shanghai Zhangjiang Technology Ventures and Westport Investment. 

New investors in the current round include CETC, China Merchants Bank’s investment vehicle China Merchants Startup, Hong Kong-based Techronics, and Ventech China. Semiconductor-focused CTC Capital and Yachang Investment, both returning investors, made follow-on investments. 

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