China/HK Digest: ZhenFund backs Kapwing; Arbor Ventures joins globaliD's round

China/HK Digest: ZhenFund backs Kapwing; Arbor Ventures joins globaliD's round

Residential and commercial buildings are seen from Victoria Peak in Hong Kong, China, on Monday, Sept. 11, 2017. Photographer: Billy H.C. Kwok/Bloomberg Photo by Bloomberg

Venture capital firm ZhenFund has participated in the $1.7-million seed round of video editing platform Kapwing while Hong Kong-based Arbor Ventures has joined the $6-million Series A round of US-based globaliD.

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