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 (Bloomberg)
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