Greater China Digest: Sequoia leads Phanes deal; Turn Capital invests in Taiwan's Dapp
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 ...