Announced
Completed
Financials
Sources
Tags
Acquisition
Private Equity
Minority
Friendly
Semiconductors
Cross Border
Completed
China
semiconductor components
Private
Synopsis
Fortuna Capital, an investment firm, led a $154 Series A funding round in MEMSIC Semiconductor, a manufacturer of semiconductor components. Additional investor include Yunfeng Capital, Olympus Capital-backed Asia Environmental Partners and Yangtze River Industry Fund. The new financing will be used to finance the construction of MEMSIC’s production base and R&D of key technologies. MEMSIC offers products to Samsung, Google and domestic brands including OPPO, Vivo, and Lenovo.
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