Northern Light Venture Capital (NLVC) has led a $25 million Series B funding round for TenNor Therapeutics, a Chinese drug developer specializing in infectious diseases.
Existing investors Frontline BioVentures, WuXi PharmaTech Healthcare Fund, Oriza Venture Capital and Relativity Healthcare Fund also took part in the round, according to a release. TenNor was founded...
Beijing Shanhai Capital Management has led a consortium of investors to acquire US-based microchip manufacturer Analogix Semiconductor for more than $500 million.
Infinity Group, a China-Israel cross-border private equity firm, has partnered with Chinese IT services provider Neusoft Corporation to launch a $250 million medical technology fund.
Vertex Ventures, the VC arm of Singapore's Temasek Holdings, has led a $6 million Series A round for Indian customer experience management platform CloudCherry alongside Cisco Investments, the corporate VC arm of Cisco Systems.
Baring Private Equity Asia has agreed to buy Australia-listed risk management and standards compliance business SAI Global for an enterprise valuation of A$1.24 billion ($940 million).