Tianyu Semiconductor Completes Series B Financing and Continues to Expand SiC Epitaxial Wafer Business

In February 2023, Tianyu Semiconductor completed a Series B financing of approximately 1.2 billion yuan. Investors include Haifu Industrial Fund, Guangdong Xintai Equity Investment Fund, Nanchang Industrial Holdings, Jiayuan Technology, Merchants Capital, Qianchuang Investment, etc. This company The funds from this round of financing will continue to be used to increase the expansion of SiC epitaxial production lines and continue to increase investment in research and development of SiC large-size epitaxial growth.