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WJSU’s Cynthia Maxie Milton reports the STEM STARS Grant is Aimed at Targeting One of the Root Causes of Underrepresentation of Minorities in STEM Careers. ....
Chinese medical equipment provider Hygea bags $77m in Series C round April 26, 2021 Chinese oncology-focused medical devices firm Hygea Medical Technology Co., Ltd has closed its Series C round of financing after raising 500 million yuan ($77 million), according to a company statement on Monday. Its latest funding was led by China-focused seed and early venture investor China Growth Capital. A joint fund of the Guangzhou city government and China Reform Holdings participated in the round, along with Sinopharm Capital and BioTrack Capital. AI firm SenseTime also joined the funding as a strategic investor. Chinese leading investment bank China Renaissance served as the exclusive financial advisor. ....
LAV leads $23m funding in Targeting One and 18 more deal updates from Greater China ResearchPremium PCR-based disease detection firm Targeting One has secured 150 million yuan ($23 million) in its Series B round of financing led by life sciences-focused investment firm Lilly Asia Ventures (LAV), the lead investor said on a WeChat post on Friday. New investors Hillhouse Capital’s venture unit GL Ventures and China Growth Capital and return backers Jufeng S&T Venture Investment’s joint fund Qingdao Yufeng Investment, Chongyuan Huichen Ventures, joined the round. Beijing-based investment bank Potential Capital facilitated the transaction. With the proceeds, Targeting One seeks to further revamp its molecular diagnostic reagents research and product commercialisation. ....