China Digest: Dexin Chip Technology bags funding; Nuode New Materials buys Cloudfutures

China Digest: Dexin Chip Technology bags funding; Nuode New Materials buys Cloudfutures

Photo by Eric Prouzet on Unsplash.

Dexin Chip Technology has bagged over $38 million in fresh funding, while Nuode New Materials is planning to acquire a 90.2% stake in futures company Cloudfutures for 454.6 million yuan ($62.8 million). 

Edited by: Joymitra Rai