China Digest: 5G chipmaker Cygnus nets $62m; contact lenses brand moody closes $59m

China Digest: 5G chipmaker Cygnus nets $62m; contact lenses brand moody closes $59m

Source: moody

Chinese chipmaker Cygnus Semiconductor has secured nearly 400 million yuan ($62.0 million) in a pre-Series A round of financing, while disposable contact lenses brand moody has raised a total of about 380 million yuan ($58.9 million) across two rounds.