Baidu Ventures has re-upped its commitment to the DNA and RNA sequencing equipment manufacturer, joining investors including Sunshine Insurance’s Riverhead Capital vehicle.
China-based genomics technology developer QitanTech received RMB400m ($63m) in series B funding yesterday from investors including internet company Baidu and insurance provider Sunshine Insurance Group. GL Ventures, the venture capital arm of private equity group Hillhouse Capital, co-led the round with CDH Venture and Growth Capital, a fund owned by asset manager CDH Investments. Alwin…
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