China Digest: Ribo Life Science nets $60m; QST raises $49m

China Digest: Ribo Life Science nets $60m; QST raises $49m

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Chinese pharma Ribo Life Science has raised 470 million yuan ($66 million) in a Series C2 round, while IoT solutions developer QST Corporation has secured 350 million yuan ($49 million) in a Series B+ round.