China Digest: Qiming leads $40m round in Allorion; Cornerstone raises $78m

China Digest: Qiming leads $40m round in Allorion; Cornerstone raises $78m

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Chinese precision medicine startup Allorion Therapeutics has closed a $40 million Series A round, while surgical robots developer Cornerstone Robotics has secured 500 million yuan ($78.3 million) in a Series B round.