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Sequoia Capital China led a $148m Series A funding round in SiEngine.

Synopsis

Sequoia Capital China, a venture capital company, led a $148m Series A funding round in SiEngine, an automotive chip developer, with participation from Boyuan Capital, China Fortune-Tech Capital and Shanghai Guosheng Fund. The new funds are planned to be used for the batch supply of existing products and the next stage of R&D and deployment of auto-grade, high-computing-power chips.

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