China Life Healthcare Fund, the first flagship healthcare private equity fund of China Life, has led the $46-million funding round in XtalPi, a Google-backed biotech startup that integrates quantum physics and artificial intelligence in drug research and development.
In a statement, XtalPi said, its Series B-1 extension financing was also supported by SIG and Yael Capital and followed its original Series B round that raised $15 million from Sequoia China, Google, and Tencent.
