Sequoia China leads $148m Series A round for auto chip maker

Startup SiEngine will use investment for R&D, increasing deliveries

20220720 Siengine

China's SiEngine is looking to boost delivery of existing products as well as increase research and development of vehicle-grade computer chips. (Source photo from SiEngine WeChat page)

EUDORA WANG, DealStreetAsia

HONG KONG -- Sequoia Capital China has led a Series A funding round of close to 1 billion yuan ($148.2 million) for Chinese auto tech startup SiEngine Technology.

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