Geely&backed chipmaker raises $150 million in latest funding round

Siengine, a Chinese chipmaker developing auto-grade semiconductors for in-car systems, said on Tuesday that it has raised almost RMB 1 billion (roughly $150 million) in a Series A led by Sequoia Capital China, without disclosing the valuation. This comes just four months after the Wuhan-based chip startup, launched by Geely founder Li Shufu, closed an […]

Geely&backed chipmaker raises $150 million in latest funding round
Siengine, a Chinese chipmaker developing auto-grade semiconductors for in-car systems, said on Tuesday that it has raised almost RMB 1 billion (roughly $150 million) in a Series A led by Sequoia Capital China, without disclosing the valuation. This comes just four months after the Wuhan-based chip startup, launched by Geely founder Li Shufu, closed an […]