China Digest: NIO Capital backs ClearMotion; chip packaging startup iSabers raises $29m

China Digest: NIO Capital backs ClearMotion; chip packaging startup iSabers raises $29m

Visuals from ClearMotion's official website.

NIO Capital has led an investment of $39 million in US software-defined chassis company ClearMotion. Separately, iSabers Materials, a Chinese startup offering advanced packaging solutions to the semiconductor industry, has closed almost 200 million yuan ($28.8 million).