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Announced

Completed

Fortuna Capital led a $154 Series A funding round in MEMSIC Semiconductor.

Financials

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Transaction Value£112m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Acquisition

Private Equity

Minority

Friendly

Semiconductors

Cross Border

Completed

China

semiconductor components

Private

Synopsis

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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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