Stephanie Li
Stories by Stephanie Li
China Digest: Flexi Group to merge with SPAC; 3DSEMI raises $24m
Flexi Group plans to merge with TG Venture Acquisition and list on the Nasdaq.
Contagion of FTX meltdown far from over, warn industry players
The market sentiment is 'extremely bearish' now, they said.
China Digest: PhiGent Robotics snaps funds; Swiss crypto bank SEBA opens HK office; HK-listed Brainhole Tech plans to buy $3m crypto
Ince Capital re-upped in PhiGent's A+ round, bringing the total capital raised to $100m.
HK gaming giant Animoca to set up $2b fund to invest in metaverse firms
The fund, named Animoca Capital, plans to invest in mid- to late-stage firms in Web3.
US-based Rgenta Therapeutics bags $52m led by AstraZeneca-CICC Capital fund
KIP as well as HK-based life science investor Delos Capital participated in the round.
Chinese autonomous driving solution firm Freetech raises nearly $100m funding
The Series B funding round was led by Chaos Investment.
X-EPIC snags funds and 54 other deals from Greater China worth over $1.1b
X-EPIC’s early-stage investors include V Fund, 5Y Capital, Green Pine Capital, ZhenFund, and others.
Hong Kong’s Xanpool notches $41m to increase global footprint
The funding round was led by London-based Target Global.
China Digest: Li Ning to buy majority stake in UK footwear brand Clarks; Ruiyun Cold Chain, DAISCH raise funding
Li Ning’s Viva China to buy the remaining 49% in LionRock Capital Partners for $133m.
China Digest: AR firm Thin Red Line snaps up $50m; Quantifeed buys ALPIMA
Thin Red Line has secured $50m in an angel round led by Meituan investment arm DragonBall Capital.