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China s Duality Biologics secures $90m in Series B led by Lilly Asia Ventures
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Duality Biologics Completed $90 Million Series B Financing
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Startup Funding: February 2021
In February, several startups emerge from stealth, with one company working on AI inference architectures for the data center and another trying to make lenses thinner by patterning surfaces with tiny structures. Two new Chinese companies are trying to expand the country’s semiconductor design ecosystem with GPUs and interface IP. Plus, a maker of AI chips for ADAS draws another massive round this month as we take a look at 22 startups that collectively raised over $1.2B.
Semiconductors & design
GPU startup
Moore Threads raised an undisclosed amount of pre-A Series funding (stated as billions RMB 1.0B RMB is about $155M) led by
China Digest: 5G chipmaker Cygnus nets $62m; contact lenses brand moody closes $59m
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