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SG Digest: Frasers Logistics invests in Europe; Genesis MedTech Group gets funding Source: Frasers Logistics & Commercial Asset Management May 25, 2021 Frasers Logistics & Commercial Trust has bought six properties in Europe in a bid to capitalise on the e-commerce-driven demand for the logistics space. In a separate development, medical device maker Genesis MedTech Group raised an undisclosed amount in its Series B round led by private equity firm General Atlantic. Frasers Logistics Trust invests in Europe Frasers Logistics & Commercial Trust has bought six properties in Europe in a bid to capitalise on the e-commerce-driven demand for the logistics space. The trust will acquire three freehold warehouses in Germany and one in the Netherlands from its sponsor Fraser Property, and two freehold warehouses in the UK. ....
SINGAPORE, May 25, 2021 - ( JCN Newswire ) - Genesis MedTech Group ( Genesis ), a leading medical device company, today announced it has completed its Series B round, raising significant growth financing. General Atlantic, a leading global growth equity firm, led the funding with participation from CITIC Capital and others. The majority of shareholders from Series A followed up with additional investments. Lefei Sun, Managing Director and Head of Healthcare for China at General Atlantic, will join the Genesis Board of Directors. The funds will be used to drive the research and development of new products and the commercialization of existing products, as well as enable business expansion in emerging markets around the world. This acceleration in Genesis model is expected to enable patients and healthcare practitioners in emerging markets to access innovative medtech products that can address unmet needs faced day-to-day Genesis mission since its inception in 2019. ....
Genesis Medtech Group Raises Significant Growth Investment in Latest Round of Series B Financing jcnnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jcnnewswire.com Daily Mail and Mail on Sunday newspapers.
Genesis MedTech Group Raises Latest Round of Series B Financing Genesis MedTech Group, a Singapore-based medical device company, completed a Series B growth financing of undisclosed amount. The round was led by General Atlantic with participation from CITIC Capital and the majority of shareholders from Series A. In conjunction with the funding, Lefei Sun, Managing Director and Head of Healthcare for China at General Atlantic, will join the Genesis Board of Directors. The company intends to use the funds to drive the research and development of new products and the commercialization of existing products, as well as enable business expansion in emerging markets around the world. ....
Published: May 24, 2021 SINGAPORE, May 23, 2021 /PRNewswire/ Genesis MedTech Group ( Genesis ), a leading medical device company, today announced it has completed its Series B round, raising significant growth financing. General Atlantic, a leading global growth equity firm, led the funding with participation from CITIC Capital and others. The majority of shareholders from Series A followed up with additional investments. Lefei Sun, Managing Director and Head of Healthcare for China at General Atlantic, will join the Genesis Board of Directors. The funds will be used to drive the research and development of new products and the commercialization of existing products, as well as enable business expansion in emerging markets around the world. This acceleration in Genesis model is expected to enable patients and healthcare practitioners in emerging markets to access innovative medtech products that can address unmet needs faced day-to-day-Genesis mission since i ....