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    Unicom Secures Series B+ Funding


    September 30, 2022 - Marketline - Deals

     

      Deal In Brief

      Unicom, a smart grid communication chip developer, mainly providing services such as low-power wireless Wi-SUN, high, medium and low-speed wired PLC and wireless wired integrated dual-mode communication solutions, has secured Series B+ funding Hangzhou Linzhuo Industrial Fund, and five other domestic excellent funds - Ruishi Fund, Aoniu Capital, Yinying Capital, Haihui Investment, Shanghai Ruixia Investment, the total financing amount this time reached 100 million 20 million yuan.

      Deal Type Venture Finance
      Sub-Category Growth Capital/Expansion
      Deal Status Completed: 2022-09-28

      Deal Participants

      Target (Company) Unicom (China)
      Acquirer 1 (Company) Hangzhou Linzhuo Industrial Fund Co Ltd
      Acquirer 2 (Company) Ruishi Fund
      Acquirer 3 (Company) Shanghai Ruixia Investment Management Co., Ltd.
      Acquirer 4 (Company) Aoniu Capital
      Acquirer 5 (Company) Yinying Capital
      Acquirer 6 (Company) Haihui Investment

      Deal Rationale

      (Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Marketline shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon.)

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