Stephanie Li
Stories by Stephanie Li
Hong Kong urges lenders to support crypto firms in opening bank accounts
The new licencing regime enables crypto firms to offer trading services to retail investors
China Digest: Kingstar, Primon Medical, PMT bag funds
PMT is preparing to apply for an IPO on the STAR Market.
More companies have come to realise that down rounds are inevitable, says HKSTP’s Raymond Wong
Currently, every HK dollar invested by the fund attracts 18 times of private investment, Wong said.
BioMed Technology bags $2m and 53 Greater China deals worth over $1.4b
With businesses in Thailand, the firm is scouting for business partners in Malaysia and Singapore.
China Digest: Global Technology, Ubrigene, Chamlion raise funding
Global Technology previously garnered $31m in a Series B++ round.
Eight Roads Ventures leads Adcentrx Therapeutics’s $38m extended Series A round
Previously, the firm notched $50m in a Series A round in April 2021.
SG’s Cosmose AI snaps funds from NEAR Foundation, valuation jumps fivefold
It completed its $15m Series A investment round in Sept 2020 at a valuation of around $100m.
Chinese commercial spaceflight firm CAS Space bags almost $87m in Series C round
It previously notched $29m in an extended Series B round in May 2021.
Chinese IC packaging material firm AaltoSemi bags $72.5m in Series A1 round
SL Capital, formed by Legend Capital and S Korea's SK Group, joined the round.
Most crypto deals are happening at a 50% discount from 2021 levels: Token Bay Capital
Token Bay Capital is currently raising its second fund, says Lucy Gazmararian, founder and managing partner.
