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Recently, Pailankunwei, an optical interconnection company, proudly announced the triumphant conclusion of two back-to-back rounds of financing, collectively amassing hundreds of millions of RMB. The inaugural round was spearheaded by Longqiu Capital (featuring LPs such as Ruijie Networks and Shangha Electric) alongside GGV Capital. The subsequent round was orchestrated by Guanghe Ventures and Longqiu Capital, with SMIC Powerchip joining the ranks. Following the seed round investment earlier this year, existing investors Jinqiu Fund and Loongson Ventures opted to further augment their stakes. Sinergy Capital played a pivotal role as the exclusive financial advisor. The newly acquired funds will be predominantly earmarked for enhancing three-dimensional optoelectronic packaging capabilities, procuring wafers, and assembling an optical I/O R&D team.
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