China Digest: Qiming names managing partner; PhiGent raises $30m
Zhou first joined Qiming in 2014 as a vice president and has since participated in or led deals in firms like generative AI star Zhipu AI.
Source: dealstreetasia.com
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Editor's Take: The week that was — June 12-17
Fundraising by startups in Southeast Asia and other headlines of the week.
Source: dealstreetasia.com
Chinese VC Xiang He raises nearly $45m so far for third USD fund
Chinese venture capital firm Xiang He Capital has raised $44.9 million so far for its third USD-denominated fund from US investors.
Source: dealstreetasia.com
China Digest: PhiGent Robotics snaps funds; Swiss crypto bank SEBA opens HK office; HK-listed Brainhole Tech plans to buy $3m crypto
Ince Capital re-upped in PhiGent's A+ round, bringing the total capital raised to $100m.
Source: dealstreetasia.com
Chinese VC Xiang He Capital in the market to raise third USD fund
The firm raised $425m for the second fund that closed in 2019.
Source: dealstreetasia.com