Gate-Sea Microelectronics Technology Co., LTD. has successfully completed a series C financing round, raising 14 million US Dollars. This significant investment was jointly secured with the participation of Oriza Holdings Corporation, Fosun RZ Capital. and local Science and Technology Innovation Fund. The funds from this financing will primarily be allocated towards research and development of photovoltaic products, market development, and enhancing working capital, marking a significant milestone in the company’s growth and market recognition of its innovation efforts.
Oriza Holdings, established in 2001, has a strong track record in equity investment, focusing on innovative enterprises and technological integration. They have invested in over 1,300 projects, nurtured 106 listed companies, and managed a substantial scale of sub-funds, reflecting their role in promoting the transformation of the real economy. Notably, Oriza Holdings has been involved in the financing journey of gate-sea Microelectronics since its A round in 2022 and has played a crucial role in the series B and C rounds.
Fosun RZ Capital, founded in 2013, is a global investment entity focusing on new technologies and energy, aiming to empower innovative enterprises through industrial resources. It manages over US Dollar 1.4 billion in capital, showcasing its capacity for substantial investments across various sectors globally.
Overall, this financing not only reinforces gate-sea Microelectronics’ capabilities to innovate and expand but also emphasizes the collaborative efforts of its investors and partners in driving the company towards a promising future.
