HONG KONG -- Chinese startup Horizon Robotics raised $600 million on Wednesday for its chipmaking business, as venture capitalists tap into the country's growing appetite for the made-in-China chips.
Horizon Robotics, one of China's leading unicorns, is valued at $3 billion after the closing of the series B-round fundraising, led by SK China, South Korean semiconductor SK Hynix, and several undisclosed Chinese automakers.
