China Digest: Qinteng raises $32m; Kuandeng gets Series A; THB backs GeneCast

In the latest funding news from China, security service firm Qingteng Cloud Security has announced that it has raised $32 million Series B in a round led by Sequoia Capital China while the country’s high-accuracy mapper Kuandeng has announced its round-A funding led by IDG Capital. Also, Beijing’s THG Ventures has invested $18 million series B in GeneCast Biotechnology,