Addor Capital and Chinese electric vehicle manufacturer Lixiang Automotive have led a RMB200 million ($28 million) in an extended Series A round for Neolix, a domestic unmanned distribution start-up.
Existing investors Yunqi Partners and Glory Ventures re-upped. Yunqi led the first tranche of the Series A - worth RMB100 million - last year. It said in a statement that the latest tranche was initiated...
MGI Tech, a Chinese manufacturer of gene sequencing devices, has raised more than $1 billion in funding led by IDG Capital and CPE (formerly known as Citic Private Equity).
IMM Private Equity has agreed to acquire Korea Kolmar Holdings’ pharmaceutical contract manufacturing organization (CMO) and its drug development business for KRW512.5 billion ($413 million).
Exacta Capital Partners, a Singapore-based private equity firm affiliated with Mizuho Bank, has led an acquisition of gym operator Anytime Fitness Asia for an undisclosed sum.
Marelli, a leading global automotive components supplier formed when KKR combined Japan’s Calsonic Kansei Corporation with Europe-based Magneti Marelli, has secured JPY130 billion ($1.2 billion) in additional funding to ride out a market downturn.