China Digest: Exegenesis, Lehe Food raise capital; Merck's seed fund

China Digest: Exegenesis, Lehe Food raise capital; Merck's seed fund

Photo: Reuters

Chinese gene therapy startup Exegenesis Bio Inc has gathered $10 million while Lehe Food has raised $14 million in a Series B round. Meanwhile, German drugmaker Merck has set aside $14 million for a seed fund to invest in startups in China and other Asian regions.