Lightspeed backs China autonomous driving industry supplier Daisch
Lightspeed China Partners has backed Daisch, a domestic supplier of high-precision products for autonomous driving, as the sole participant in a Series A round.
The proceeds - approximately CNY 100m (USD 14m) - will be used to strengthen supply chain and delivery capabilities, broaden the company's product range, and drive market expansion, according to a statement....
Co-Stone leads $43m round for China biosynthesis player
Co-Stone Capital Management has led a CNY 300m (USD 43m) Series B round for Readline, a Shenzhen-based company that specialises in synthetic biology.
Australia’s Heal Partners closes debut fund on $137m
Australia’s Heal Partners, a health, education, and lifestyle-focused venture capital firm, has closed its first fund on AUD 200m (USD 137m). The target was AUD 100m.
US regulator gets access to Chinese audits
The threat of delisting that has haunted Chinese companies that trade on US exchanges appears to have receded after the US regulators announced they had gained full access to the audits of these companies for the first time.