Legend Holdings' Legend Star unit led a round for optical chip producer Turing Quantum sized above $15m while several Japanese companies also raised money.

Funding

Conglomerate Legend Holdings has led a funding round sized at almost RMB100m ($15.5m) for China-based optical chipmaker Turing Quantum through subsidiary Legend Star, China Money Network reported on Saturday. FountainBridge Capital and Shanghai Black Bamboo Seedlings Equity Investment Fund also contributed to the round.

Japan-based online cake vendor Cake.jp secured ¥770m ($7.1m) today from retailer Marui Group, in addition to Hakuhodo DY Ventures, Nissay Capital and Mitsubishi UFJ Capital – on behalf of marketing group Hakuhodo DY, insurer Nippon…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.