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Announced

Completed

Xiaomi and CMB International led a $225m funding round in SmartSens.

Financials

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Transaction Value£172m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Friendly

Venture Capital

camera lens

lens

Completed

Acquisition

China

Minority

image sensor

Private

Private Equity

Domestic

Single Bidder

Semiconductors

Synopsis

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Venture capital funds Xiaomi Changing Industrial Fund and CMB International led a $225m funding round in SmartSens, a developer of CMOS image sensing chips. Other investors include Sequoia Capital, China Internet Investment Fund, Wingtech Technology, Transsion Holdings, China Fortune-Tech Capital, Haitong Kaiyuan, Lenovo Capital, and Forebright Capital. With the new capital investment, SmartSens aims to support technology and product innovation.

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