Hanwha Life took part in a $20m series B round for Airs Medical while Allianz-backed AV8 Ventures helped Think Bioscience close $17m in seed funding.

Public markets

United Imaging Healthcare, a China-based medical imaging system provider backed by insurer China Life, has listed on Shanghai Stock Exchange’s Star Market in a $1.6bn initial public offering. China Life had co-led a $505m series A round for the company in 2017 valuing it above $5bn post-money, representing roughly half of its current valuation.

Funds

China-based investment firm Winreal Investment has reached a RMB1.3bn ($150m) first close for a yuan-denominated vehicle called Rongteng 5G Industry…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.