
InnoVance completes tens of millions of yuan in Pre-A round financing
On October 20th, according to Junhai Capital, Suzhou InnoWave Semiconductor Co., Ltd. completed several tens of millions in Pre-A round financing, led by New Micro Capital, with existing shareholder Hengxin Huaye continuing to increase its stake. Junhai Capital served as the lead financial advisor. The funds from this round of financing will be used for the ongoing research and development and mass production of high-speed automotive SerDes chips, as well as the research and development and industrialization of high-performance SerDes IP
