Sequoia, HighLight lead $80m round for China's BrightGene
Sequoia Capital China and HighLight Capital have led a RMB550 million ($80 million) pre-IPO funding round for BrightGene Bio-Medical Technology, a Chinese developer of innovative and generic drugs. An investment unit of GF Securities also participated.
The company was established in 2001 and received funding from Lilly Asia Ventures in 2010. AVCJ Research’s records indicate that Suzhou International Development Venture Capital invested the same year,...
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