Qiushui Semiconductor has successfully completed Pre-A and Series A rounds of financing in succession.

36Kr learned that "Qiushui Semiconductor", a Micro-LED display technology company, has recently completed consecutive Pre-A and Series A financing rounds, totaling nearly 200 million RMB. This round of financing was led by Zhaohui Capital, with Tongshang Fund, Shengyu Investment, Ningbo Talent Development Fund, Jiayi Venture Capital, Yongxian Technology, Digital Optics Core, and Xingtang Capital participating in the follow-on investment. Xingtang Capital served as the long-term financial advisor. The funds from this round of financing will be mainly used for the construction of an 8-inch hybrid bonding mass production line in the Ningbo High-tech Zone and subsequent R & D investment.