China Digest: XellSmart, RiVAI in funding news

China Digest: XellSmart, RiVAI in funding news

Photo: Pixabay

XellSmart, a developer of stem cell treatment solutions, has raised nearly 100 million yuan ($15 million) in its pre-Series A round. In a separate development, ByteDance and Asia-focused private equity firm Hillhouse Capital have backed tech firm RiVAI in its Series A round.