Temasek, Sequoia & IDG lead Chinese PV material maker's nearly $72m Series B+ round

Temasek, Sequoia & IDG lead Chinese PV material maker's nearly $72m Series B+ round

Photo: Bill Mead/ Unsplash.com

GCL Optoelectronic Material, a subsidiary of Hong Kong-listed GCL Technology Holdings, one of China’s largest photovoltaic (PV) materials makers, has secured 500 million yuan ($72 million) in a Series B extension round led by Temasek Holdings, Sequoia Capital China, and IDG Capital.