Announced
Completed
Financials
Sources
Tags
Private Equity
Venture Capital
Acquisition
glass
Cross Border
Friendly
China
thin-film
Electronic Components and Equipment
Minority
Private
Completed
Single Bidder
Synopsis
Warburg Pincus, a private equity firm, led a Series C round in Ambilight, a manufacturer of electrochromic technology-based auto rearview mirrors, ski goggles, and other products. Additional investors include BYD, NIO Capital and Cygnus Equity. Financial terms were not disclosed. The new financing will be used for the R&D of new electrochromic products, expansion of production capacity, and commercial promotion globally.
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