Stephanie Li
Stories by Stephanie Li
China Digest: JHM Biopharma, TOMI, Ecar Tech secure fresh capital
JHM Biopharma's round was led by SDIC Unity Capital.
China Deal Review: Megadeals propel startup funding to $6.8b in August
There were 11 megadeals, which garnered 84% of the total capital raised in Aug.
Universities in Greater China emerge as new force in startup incubation
Over 67.9% of the 340 Chinese unicorns are led by founders from a domestic university.
Chinese commercial rocket firm iSpace bags almost $99m in Series C, C+ rounds
The rounds were co-led by local investment firm Xin Ding Capital.
SenseCapital invests in ENGINEAI and 38 other Greater China deals worth over $2.7b
The firm taps into the red-hot embodied AI sector.
Greater China Digest: Vistra buys HK’s Sertus; Calastone expands Taiwan presence
Calastone was bought by The Carlyle Group in Oct 2020.
Chinese GPs tap flexible fund terms to lure insurers
Insurance LPs typically prefer a more fixed income type of returns.
Mubadala, CBC Group to buy UCB’s Chinese neurology and allergy business for $680m
CBC and Mubadala had co-led a $315m investment in China’s Hasten Biopharma in April 2023.
Qiming invests in Photon Crystal and 25 other Greater China Deals worth almost $1.8b
The firm previously snapped $22.3m in a Series A round last year.
Fintech firm Riverchain launches new fund to tap HK’s construction funding gap
The firm plans to take its model to Southeast Asia by Q4 this year.