Changzhou Investment Group funds invest over 100 million yuan in VCSEL chipmaker Vertilite Semiconductor
Changzhou Investment Group completed a private financing of more than CNY 100 million in VCSEL maker Vertilite. Deal used four funds from the group’s platform, reflecting a multi-fund syndication structure. Vertilite, founded in 2015 by a Stanford PhD team, develops and manufactures VCSEL chips and optical-communicatio