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

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.