Assembly Line

Chinese chipmaker JSSI bags $82m in fresh funding round

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: JSSI, KQ Capital

Jiangsu Silicon Integrity Semiconductor Technology (JSSI) has secured 600 million yuan ($82 million) in a fresh funding round participated by local investment firm KQ Capital, which invests exclusively into the integrated circuit industry. Local investment firm Panorama Capital, which was set up by Shanghai International Group Asset Management, Huayu Automotive Systems, and Shanghai Lingang Holding, also re-upped in the funding round, according to a recent company announcement.

Founded in September 2020, the Nanjing-based firm offers advanced integrated circuit packaging and testing services. Its Series A and extended Series A funding rounds, which were completed in August and October 2021, respectively, had raked in 1 billion yuan ($155.5 million) in capital.

Read more at Deal Street Asia