Raw materials provider Vital Thin Film secured $188m in a round co-led by BYD while drug developers CinCor and Vigil raised a total of $292m in their initial public offerings.
Funding
Automotive manufacturer BYD has co-led a series A round for Vital Thin Film Materials, a China-based provider of rare materials for use in electronics, sized above RMB1.2bn ($188m), DealStreetAsia reported today. It was co-led by CICC Capital and also featured power management equipment maker TBEA and Sinopec Capital, a subsidiary of oil and gas provider Sinopec.
Arive, the Germany-headquartered operator of an on-demand consumer goods delivery service, received $20m today in a series A round that included media company…