Advanced Micro-Fabrication Equipment, a Shanghai company that makes semiconductor processing equipment, said it has raised $35 million in a second round of funding.
This is just the latest example of how Chinese chip related companies are attracting venture money, even as U.S. companies seem to be getting less. (See our story here for news about the latest Silicon Valley chip start-up, Montalvo.)
The company, founded in 2004, said it is building cutting-edge integrated circuit manufacturing fabs.
Participants in the round include existing investors Walden International, Lightspeed Venture Partners, Redpoint Ventures, Interwest Partners, Bay Partners, Global Catalyst Partners and KT Venture Group. Leading financial institution Goldman Sachs joined the round as a new investor.
AMEC’s products are engineered specifically for the 65/45-nm nodes and smaller, it said.