Leuven Instruments secures new financing round led by CAS Star

High-end semiconductor equipment enterprise – Jiangsu Leuwen Instrument has completed Series B financing round, raising more than 100 million yuan. The investment was led by CAS Star, with participation from a number of investment institutions including Zhongji Investment, Zhongyu Investment, Red Star Macalline International Furniture and more. Existing shareholder Hantangzhou Semiconductor contin

High-end semiconductor equipment enterprise – Jiangsu Leuwen Instruments has completed Series B financing round, raising more than 100 million yuan.

The investment was led by CAS Star, with participation from a number of investment institutions including Zhongji Investment, Zhongyu Investment, Red Star Macalline International Furniture and more. Existing shareholder Hantangzhou Semiconductor continues to invest tens of millions of yuan.

The proceeds will mainly be used for team building, rapid development and iteration of equipment, and stock for market expansion.

Leuven Instruments was founded in 2015. The founding team is mainly composed of senior semiconductor process and equipment experts from well-known semiconductor equipment research or production institutions at home and abroad.

Leuven Instruments is a developer and manufacturer of semiconductor equipment designed to provide technological support for semiconductor etching. The company focuses on research and development of semiconductor etching equipment, including platform etching machine and chemical vapor deposition equipment, permitting clients to improve the efficiency of manufacturing process as well as enhance electronics performance.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/04/26/leuven-instruments-secures-new-financing-round-led-by-cas-star/.

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