Yet another early-stage VC fund has closed in Europe this week, as Elkstone finalized a EUR100 million ($108 million) pot aimed at Irish startups. It comes a da
China Digest: Sinotau nets $50m in Series D+ round; LAV backs SH Pinnacles dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.
Chinese biotech startup Ionova secures $100m to advance oncology drug pipeline dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.
Laboratory equipment. Photo: Pixabay
May 7, 2021
Sequoia Capital China has led a $40-million Series B round for US-based biotech startup Phanes Therapeutics, while Turn Capital has acquired Taiwanese blockchain startup Dapp Pocket.
Sequoia China leads $40m Series B round for biotech firm Phanes
Phanes Therapeutics, a biotech startup with operations in the US and China, has secured $40 million in a Series B round of financing led by Sequoia Capital China, according to a statement on Thursday.
Chinese private equity firm DYEE Capital; Volcanics Venture, an early-stage venture capital firm that invests in intellectual technology and healthcare; life sciences investor Delos Capital; and Wen Zhou Fund also invested in the new round.