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Chinese memory chip startup Changxin Xinqiao raised $5.4B, including $2B from Big Fund; founded in 2021, the firm shares a GM with China's lead


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2023-11-06 10:27:32
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Cybersecurity Business

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Bloomberg:

Chinese memory chip startup Changxin Xinqiao raised ~$5.4B, including ~$2B from Big Fund; founded in 2021, the firm shares a GM with China's leading DRAM maker  —  - State-backed Big Fund restarts major investments after probe  — Beijing aims to achieve breakthroughs in chip technologies




Bloomberg:

Chinese memory chip startup Changxin Xinqiao raised ~$5.4B, including ~$2B from Big Fund; founded in 2021, the firm shares a GM with China's leading DRAM maker  —  - State-backed Big Fund restarts major investments after probe  — Beijing aims to achieve breakthroughs in chip technologies



Source: TechMeme
Source Link: http://www.techmeme.com/231106/p3#a231106p3


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