IDG Capital led a $164.3m pre-A Series funding round in UniVista.

IDG Capital, a private equity firm, led a $164.3m pre-A Series funding round in UniVista, an industrial software group, with participation from CAS Investment Management, China Automotive Chips Alliance and Feixiang Capital. UniVista is an independent provider of high-performance industrial software solutions. Its initial focus was on EDA, and it is committed to helping semiconductor enterprises solve severe challenges and key problems in innovation and development.