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Qili Semiconductor raises 100M CNY Series A for chiplet packaging

What's the deal? Chinese startup Qili Semiconductor has raised more than 100 million CNY (about $14.7 million) in a Series A round. Shanghai Zhangjiang GroupDealroom has a profile for this one. Try Dealroom → led the round, with Guoke XingheDealroom has a profile for this one. Try Dealroom →, Yongxin FangzhouDealroom has a profile for this one. Try Dealroom →, and listed-company fund Wanlin Investment participating.

What's the endgame? Qili specialises in chiplet chip packaging, offering integrated circuit packaging design, simulation, processing, and testing services to semiconductor firms and hardware makers worldwide.

The signal: Chiplet packaging — assembling smaller chips into a single module — is emerging as a way to advance chip performance without relying on the most cutting-edge manufacturing. Backing from Shanghai Zhangjiang Group and state-linked investors points to continued Chinese interest in domestic semiconductor capacity.

Read more: ITjuzi

Image credit: le_hollandais_volant

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