Neuchips Inc. announced that it has received $20 million in funding from Wistron Corporation, JAFCO Investment (Asia Pacific) Ltd., Powerchip Semiconductor Manufacturing Corp., Raydium Semiconductor Corporation

On October 17, 2022, Neuchips Inc. closed the transaction. The company has received $636,616 in its third and final tranche. The transaction included participation from Wistron Corporation, new investors, Raydium Semiconductor Corporation, JAFCO Investment (Asia Pacific) Ltd. and Powerchip Semiconductor Manufacturing Corp.