IC Design Company Yuntu Harvests Hundreds of Mns of CNY in Series A+
Yuntu Micro(Chinese:苏州云途半导体), a 32bit automotive-grade MCU supplier, announced the closing of Series A+ financing round worth hundreds of millions of CNY. Xiaomi Investment and New Alliance Capital continue to raise their investments. This round of financing funds will be mainly used for the R&D of next-generation products and the mass production and sales of L and M series chips of the company.
Founded in 2020, Yuntu Micro has focused on automotive-grade microcontrollers, providing a full range of automotive-grade chip solutions. It has mass-produced two series of high-quality 32-bit automotive-grade MCUs, and has completed five rounds of financing and received investment from several tier-one capitals since its establishment.
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