Yunyinggu closes Series C&C+ led by Qiming Venture Partners, raising over RMB200m

Yunyinggu has completed the Series C and C+ financing rounds, raising more than 200 million yuan. The round was led by Qiming Venture Partners, with the participation of new and existing investors such as Xiaomi, Qualcomm, AVIC, and Northern Light Venture Capital.

Yunyinggu has completed the Series C and C+ financing rounds, raising more than 200 million yuan. The round was led by Qiming Venture Partners, with the participation of new and existing investors such as Xiaomi, Qualcomm, AVIC, and Northern Light Venture Capital.

Upon the close of the new financing round, Yunyinggu will continue to increase investment in chip design R&D, and continue to work more closely with upstream and downstream partners to consolidate and gradually expand its leading advantages in the field of AMOLED driver chips and silicon-based microdisplay chips.

Yunyinggu is committed to becoming the world’s leading provider of IP technology solutions and chips in the field of display drivers. The company is holding more than 60 core patented technologies, 80% of which are international PCT patents.

AMOLED driver chips and silicon-based microdisplay chips of Yunyinggu have been supplied to major panel manufacturers in China. The company have cooperated with various top-tier mobile phone brands.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/03/yunyinggu-closes-series-c-c-led-by-qiming-venture-partners-raising-over-rmb200m/.

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