Friday, October 23, 2020

Smartsens Raises $225M

OTCbeta, DoNews: Smartsens receives a new investment from China National Integrated Circuit Industry Big Fund Phase II, Xiaomi Yangtze River Industry Fund, and Anxin Investment. This follows an early August 2020 investment from Hubble Investment fund under Huawei.

Update: DealStreetAsia reports that the new investment is approximately 1.5b RMB (about $225M).

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