Liufang Semiconductor Raises Over 100 Million Yuan in Series C1 Round
Liufang Semiconductor completed a Series C1 financing round of over 100 million yuan co-financed by Kanglin Capital and Zhuji Industrial, with its new factory set to begin operations in December 2026.
Liufang Semiconductor completed a Series C1 equity financing round worth over 100 million yuan, co-financed by Beijing Kanglin Capital and Zhuji Industrial Investment Group, according to 36Kr, whose headline used the name "Hexa Semiconductor" while the news text mentioned "Liufang".
The proceeds from the round will primarily be directed toward research and development of new products and expanding production capacity.
A new factory spanning an area of 100 mu is expected to begin operation in December 2026.
The round reflects the continued flow of funding into growth-stage Chinese semiconductor companies amid increasing interest in localizing production.
What do these terms mean?
Series C1 Financing: A subsequent round following early rounds, typically dedicated to expanding production or developing new products.
Production Capacity: The maximum quantity a company can manufacture within a given period.
Mu: A unit of land area measurement in China, equal to approximately 666.7 square meters.
Semiconductors: Materials and chips that form the foundation of electronics, such as processors and memory chips.
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