China Digest: Zion Pharma raises $20m round; Langsin Venture closes $17m fund

China Digest: Zion Pharma raises $20m round; Langsin Venture closes $17m fund

Source: Laurynas Mereckas/Unsplash

Chinese pharmaceutical firm Zion Pharma has secured nearly $20 million in a Series A+ round of financing, while early-stage investment company Langsin Venture has closed a new RMB-denominated fund at 120 million yuan ($17 million).