<article>Chinese startups Deep Intelligent Pharma and Meishubao has secured $15 million each in their latest funding rounds.</article>

Chinese startups Deep Intelligent Pharma and Meishubao has secured $15 million each in their latest funding rounds.
<h3>DIP secures $15m from Sequoia China</h3>
<a style="color: #000080;" href="https://www.dealstreetasia.com/?s=Deep+Intelligent+Pharma+">Deep Intelligent Pharma</a> (DIP), a Beijing-based artificial-intelligent healthcare startup, has raised $15 million in a Series B round from <a style="color: #000080;" href="https://www.dealstreetasia.com/?s=Sequoia+Capital+China">Sequoia Capital China</a>, according to local media reports.
The fresh capital will mainly be used for research and development of its AI-powered drug development technology.
Founded in 2017 by a drug development veteran Li Xing, DIP provides drug research and development services for pharma firms. It has around 100 people in the team, most of which are AI engineers and drug R&amp;D experts.
Prior to this round, DIP closed a $6.6 million Series A round in May from Zhen Fund, which also invested in its pre-Series A round last year.
<h3>Meishubao closes $15m in latest round</h3>
<a style="color: #000080;" href="https://www.dealstreetasia.com/?s=Meishubao">Meishubao</a>, a Chinese vertical education and social app for art students, has raised $15 million in the third tranche of a Series B round led by <a style="color: #000080;" href="https://www.dealstreetasia.com/?s=BHG+Long+Hills+Capital">BHG Long Hills Capital</a>, according to a CMN report.
Other participants in the round include Welight Capital, BlueRun Ventures and Chuangzhi Capital. Meishubao, founded by Beijing YiQi Network Technology, provides online reviews of artworks and videos to art students.
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Chinese startups Deep Intelligent Pharma and Meishubao has secured $15 million each in their latest funding rounds.

China Digest: Deep Intelligent Pharma, Meishubao secure funding

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China Digest: Deep Intelligent Pharma, Meishubao secure funding

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