China’s Microelectronics Technology Company Novaco Microelectronics Raised ￥50 Million in an Angel Round Funding Led by Difeng Investment

China’s  microelectronics technology company Novaco Microelectronics raised ￥50 million in an angel round funding led by Difeng Investment.

Established in 2016, Novaco Microelectronics focuses on the design of radio frequency microwave integrated circuit. It can develop civilian radio frequency front-end products and millimetre wave monolithic circuit. Novaco Microelectronics is now participating in the China National 01 Project with a focus on addressing a number of technological problems and developing strategic 5G communication technology.