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Vertex Ventures anchored a $6.9 million funding round in Malaysia's GreatAsic. The deal is part of a broader set of Southeast Asia investments. GreatAsic focuses on semiconductor design and ASIC solutions for the region.
Malaysia's GreatAsic raised US$6.9 million to shift the nation from chip assembly to indigenous design. The funding targets building local semiconductor design capabilities rather than relying on foreign assembly. The move aims to elevate Malaysia's role in the global chip supply chain.
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