HYASIC Inc. (Shenzhen) has completed its Series C financing round. New investors include Bihong Investment, Anxin Investment, Huatai Asset Management and Yichen Capital, with existing shareholders Walden International and CoStone Capital following on.
HYASIC website key visual. Image: HYASIC
The round brings several industry-side investors on board, with proceeds going into digital power-management IC development — PD fast charging and Mini-LED backlight display being the two main lines. The company earlier relocated to Floor 20, Tower A, Coolpad Building, 2 Mengxi Road, Nanshan, Shenzhen, expanding both R&D and business operations.
PD fast-charge application key visual (65 W multi-port charger and adapter). Image: HYASIC
HYASIC's current product lines cover Mini-LED backlight drivers, PD fast-charge protocol ICs and AC/DC power-control ICs.
Source: HYASIC News · www.hysemi.com/News/info_itemid_238.html