Chinese semiconductor firm AMTE bags $70.5m in Series D round

Chinese semiconductor firm AMTE bags $70.5m in Series D round

Image Source: Advanced Materials Technology & Engineering

Advanced Materials Technology & Engineering (AMTE), which is engaged in the production of semiconductor front-end process equipment, has secured 500 million yuan ($70.4 million) in its Series D financing round co-led by CICC Capital, an affiliate of China’s major investment bank CICC, and an alternative investment vehicle of Chinese brokerage Haitong Securities.

Edited by: Padma Priya