China Chengtong took part in CR Biopharma’s $89m series B round while Huafa and SAIC Motor contributed to a $44.5m series A-plus round for Astsic.
M&A
Swrve, a US-based mobile marketing platform operator backed by chipmaker Intel, has been acquired by customer engagement tool provider MessageGears for an undisclosed amount. The company’s total funding stood at $75m when it closed a $25m series D round in 2017.