China Digest: Zelgen sets IPO terms; TAOS Data nabs $10m

China Digest: Zelgen sets IPO terms; TAOS Data nabs $10m

TAOS Data Team. Source: Visuals from the company website

Chinese pre-profit oncology drugs developer Zelgen has fixed the terms for its IPO on the Shanghai Stock Exchange targeting to raise 2.026 billion yuan ($294 million) while global venture capital firm GGV Capital has led a nearly $10 million Series pre-A round of financing in TAOS Data.

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