China Digest: GL Ventures backs Porton Biologics; Smartbi nets $15m funding

China Digest: GL Ventures backs Porton Biologics; Smartbi nets $15m funding

Visual from Freedigitalphoto.net

Suzhou Porton secured 400 million yuan ($62 million) from GL Ventures and others in a Series A round, while Smartbi has raised 100 million yuan ($15 million) in a Series B+ round of financing.