Engitist secures strategic funding for semiconductor inspection equipment
The Shanghai equipment maker attracted several hundred million yuan from industrial and financial investors.
Engitist has completed strategic financing worth several hundred million yuan, according to an October 29 report by Shanghai Securities News. An unnamed industry company led the transaction.
GP Hi-Tech Capital and Yibai Kechuang joined the financing, while existing shareholders Stony Creek Capital, China Fortune-Tech Capital and Chaoyue Venture Capital invested again. The report did not provide an exact fundraising amount.
The Shanghai company develops optical measurement and inspection equipment for semiconductor manufacturing. Its tools help customers monitor thin films, inspect wafer defects and measure the small interconnect bumps used in advanced packaging. Engitist combines equipment research with manufacturing and deployment on customer production lines.