SHANGHAI -- Shanghai-based semiconductor company Innostar has raised nearly $100 million in a Pre-A financing round led by returning backer Shanghai Lianhe Investment.
Innostar pulls in state-backed funds for production of ReRAM and storage chips
Innostar says the Chinese memory chip market could comprise 14% of the global market by the end of 2024. © Reuters
SHANGHAI -- Shanghai-based semiconductor company Innostar has raised nearly $100 million in a Pre-A financing round led by returning backer Shanghai Lianhe Investment.