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China Digest: Biopharma startup Alebund raises $60m; Revere VC closes seed round

China Digest: Biopharma startup Alebund raises $60m; Revere VC closes seed round
May 11, 2021
Chinese biopharmaceutical startup Alebund Pharmaceuticals has secured $60 million in a Series B round, while San Francisco and Hong Kong-based asset management firm Revere VC has closed its seed round.
Alebund Pharma nets $60m in Series B round
Alebund Pharmaceuticals, a biopharmaceutical startup that develops innovative therapies for the treatment of renal diseases, has bagged $60 million in a Series B round of financing, the startup announced on May 9.
The Series B round was led by Quan Capital, a life sciences venture capital (VC) firm, with participation from an unspecified sovereign wealth fund; 3E Bioventures Capital, an investor of life sciences and biomedical technologies; and healthcare investment platform Sherpa Healthcare Partners. ....

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Revere VC Raises $1.35 Million Seed Round, Launches Curated VC Platform

Click HERE to find out ⭐ Revere VC Raises $1.35 Million Seed Round, Launches Curated VC Platform - "the Portal". | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more. ....

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Revere VC Raises Seed Round In Mission To Give Venture Capital Its Vanguard Moment

Press release content from PR Newswire. The AP news staff was not involved in its creation.
Revere VC Raises Seed Round In Mission To Give Venture Capital Its Vanguard Moment
May 5, 2021 GMT
SAN FRANCISCO, May 5, 2021 /PRNewswire/ Revere VC, a San Francisco and Hong Kong based asset management firm, announced today the launch of its flagship products and services: “The Portal,′ a curated VC platform, and its inaugural fund strategy, ‘The Prime Access Fund.’ In addition, Revere VC also announced the close of its seed round at $1.35 million, with participation from strategic equity investor AngelList, Twitch co-founder Kevin Lin and Thailand-based Siamrajthanee Group / SeaX founder Nattaphol Vimolchalao. The funds will be used to provide institutional investors a more holistic way to invest in venture capital, while bringing themes of productization and curation to the asset class. ....

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