China Digest: Horizons Ventures backs Teraki; Hillhouse picks stake in Zerun

China Digest: Horizons Ventures backs Teraki; Hillhouse picks stake in Zerun

Network servers underlying cloud computing.

Hong Kong-based venture capital firm Horizons Ventures has led an $11-million Series A round in Berlin-based edge processing software supplier Teraki while Hillhouse Capital Group and others have picked up stakes in Shanghai Zerun Biotechnology.