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Page 233

Innovation Fund 25 gets more corporate backing

Daikin and Nippon Life are the latest LPs for the vehicle formally called Kansai Innovation Network, whose investors already include corporates Eneserve, Hankyu Hanshin, Iwatani, Rohto and Shionogi.

Nov 3, 2020

Genskey generates $34.4m

Peking University-incubated Genskey provides high-sensitivity pathogen testing services in more than 20 Chinese provinces and municipalities.

Nov 3, 2020

Xunshi punches through series C round

The 3D-printed product supplier raised an eight-digit dollar amount in a round led by China Life Private Equity Investment Company.

Nov 3, 2020

Ant Group blocked from $34bn IPO

Chinese regulators have suspended the Alibaba spinoff's initial public offering, which was set to value the financial services provider at $313bn.

Nov 3, 2020

SoftBank Vision Fund team loses members

Ruwan Weerasekera, Penny Bodle, Avi Golan, Ted Fike and Justin Wilson have all left SoftBank Investment Advisers following earlier departees Maria Khan and Carolina Brochado.

Nov 3, 2020

Genskey generates series C funding

Legend Capital returned to reinvest in a $34.4m round for pathogen testing services provider Genskey, lifting its total funding above $55m.

Nov 3, 2020

Xunshi punches through series C round

The 3D-printed product supplier raised an eight-digit dollar amount in a round featuring Chinese Academy of Sciences.

Nov 3, 2020

Lufax loops on to public markets

Ping An's financial services spinoff raised $2.36bn in a US initial public offering that represented an exit for Bank of China, Cofco, SBI and several investment banks.

Nov 2, 2020

Carsgen closes $186m series C

Lilly Asia Ventures contributed to a round that will fund clinical trials for Carsgen's immuno-oncology drug pipeline and the enhancement of its manufacturing capabilities.

Nov 2, 2020

Minieye detects series C funding

Founding investor and strategic partner NavInfo was among the investors in a $40.2m round that will support the automotive sensor producer's research and supply chain activities.

Nov 2, 2020
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