Matrix, HongShan back China's Qihan Biotech
Matrix Partners China and HongShan (formerly Sequioa Capital China) have joined a USD 16m pre-Series B round for Qihan Biotech, a genome editing player active in human and agricultural therapies.
The round was led by Zhejiang Industrial Fund, a state-run vehicle with interests in the agriculture space, and also featured Northern Light Venture Capital. It is Matrix’s second investment in the company...
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