Chinese chip developer SemiDrive nets nearly $154m in Series B round

Chinese chip developer SemiDrive nets nearly $154m in Series B round

Source: Brian Kostiuk/Unsplash

Chinese automotive system-on-chip (SoC) product startup Nanjing SemiDrive Technology Co, Ltd has secured nearly 1 billion yuan ($154 million) in a Series B round, the investee announced on Monday.