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China Digest: GL Ventures backs Porton Biologics; Smartbi nets $15m funding

China Digest: GL Ventures backs Porton Biologics; Smartbi nets $15m funding Visual from Freedigitalphoto.net April 20, 2021 Suzhou Porton secured 400 million yuan ($62 million) from GL Ventures and others in a Series A round, while Smartbi has raised 100 million yuan ($15 million) in a Series B+ round of financing. GL Ventures invests in Porton Biologics Suzhou Porton Biologics Ltd., a subsidiary of Porton Pharma Solutions that focuses on gene and cell therapy services, has secured 400 million ...
Porton Biologics Huashan Ruilian Mininglamp Technology Porton Pharma Solutions Suzhou Porton Biologics Ltd Shenzhen Stock Exchange

Chinese AI firm 4Paradigm pockets $700m led by Boyu, Primavera & Hopu

Chinese AI firm 4Paradigm pockets $700m led by Boyu, Primavera, Hopu Source: Andy Kelly/Unsplash Premium Chinese artificial intelligence (AI) giant 4Paradigm has raked in $700 million in a Series D round of financing jointly led by the countryโ€™s private equity (PE) companies Boyu Capital, Primavera Capital, and Hopu Investments, the firm announced in a statement on Friday. Continue reading this story with a subscription to DealStreetAsia. Contact us for cor...
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Tencent, Temasek-backed Chinese AI major MiningLamp raises $200m Series E+ round

Tencent, Temasek-backed Chinese AI major MiningLamp raises $200m Series E+ round Photo by Shahadat Rahman on Unsplash Premium MiningLamp Technology, a Chinese big data and artificial intelligence (AI) unicorn backed by Tencent and Temasek, announced on Friday the completion of $200 million in a Series E+ round of financing led by Russia-China Investment Fund (RCIF). Continue reading this story with a subscription to DealStreetAsia. Contact us for corporate su...
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