Tessolve Semiconductor raises $75 million led by Vector Line Capital

Tessolve Semiconductor, a Hero Electronix company, raised $75 million in a funding round led by Vector Line Capital, with proceeds for growth and strategic acquisitions. Builders in semiconductor design tools, chip testing or IC packaging should note: capital is flowing into India's chip stack; M&A activity is accelerating and large strategic investors are scouting acquisitions.

Source: Entrackr ↗