ABC Impact anchors $42m Series D funding in ASD platform Da Mi & Xiao Mi

ABC Impact anchors $42m Series D funding in ASD platform Da Mi & Xiao Mi

FILE PHOTO: Children leave a school in the Shekou area of Shenzhen, Guangdong province, China, April 20, 2021. REUTERS/David Kirton/File Photo

ABC Impact, the Singapore-headquartered private equity (PE) firm backed by Temasek, announced that it has anchored the $42-million Series D funding in Da Mi & Xiao Mi, a Chinese intervention platform for children diagnosed with Autism Spectrum Disorder (ASD).

The funding round also saw the participation of PE and venture capital firm Grand Flight Investment. Existing investors in the company include healthcare-focused investment firm OrbiMed and Chinese early growth stage healthcare investor YuanBio Venture Capital.

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