<article>Shanghai-based chip maker <a href="https://www.dealstreetasia.com/?s=ASR%20Microelectronic">ASR Microelectronic</a> has raised $100 million in a Series B round co-led by <a href="https://www.dealstreetasia.com/?s=IDG%20Capital">IDG Capital</a> and <a href="https://www.dealstreetasia.com/?s=Wanrong%20Hongtu Fund">Wanrong Hongtu Fund</a>, according to a <a href="https://www.chinamoneynetwork.com/2018/07/13/idg-capital-co-leads-100m-series-b-round-in-chinese-chip-maker-asr-microelectronic*">China Money Network report</a>.</article>

The latest round brings ASR's total funding to over $300 million and comes a year after it secured $100 million in a round backed by Alibaba Group.

Alibaba-backed ASR Microelectronic secures $100m in IDG Capital-led Series B

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HK-based Sagamore to explore new relationships with Chinese GPs

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