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China's Oceanpine Capital closes RMB fund at $313m for deep tech bets

Images Of Chinese Yuan Banknotes. Photo: Reuters June 4, 2021 Chinese investment firm Oceanpine Capital has closed a new RMB-denominated fund at 2 billion yuan ($313.4 million) as it seeks to up the ante on deep technology investments. The fund was closed within three months of its launch, Oceanpine said in a WeChat post on Wednesday. The new vehicle secured commitments from local government-guided funds, funds of funds (FOFs), and deep tech companies. It has already collected 30% of committed ...
Jiang Zemin Ansun Biopharma David Chenn Frank Tang Enflame Technology Primavera Capital Group

Cadence Unleashes Clarity 3D Solver on the Cloud for Straightforward, Secure and Scalable Electromagnetic Analysis of Complex Systems on AWS

Highlights: Simple yet powerful push-button interface initiates simulation in the cloud while ensuring data is secure Unbounded 3D simulation scalability extends computational resources, enabling rapid optimization of EM results to reduce turnaround time Immediate access to cloud eliminates the wait for on-premises server farm resources to become available SAN JOSE, Calif., May 27, 2021โ€”Cadence Design…
Ben Gu Arthur Zhang David Pellerin Enflame Technology Amazon Web Services Cadence Design Systems Inc

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