China Digest: PhaBuilder, Thinkre New Material, Guan An Information raise funds

Synthetic biotech firm PhaBuilder has raised $52.9 million in a Series A+ round, while Thinkre New Material, which develops products for hydrogen fuel batteries, has raised $35.4 million led by Sequoia Capital China. In a separate deal cybersecurity firm Guan An Information has bagged $44.2 million.