China Digest: Biopharma startup Alebund raises $60m; Revere VC closes seed round

China Digest: Biopharma startup Alebund raises $60m; Revere VC closes seed round

Chinese biopharmaceutical startup Alebund Pharmaceuticals has secured $60 million in a Series B round, while San Francisco and Hong Kong-based asset management firm Revere VC has closed its seed round.