China Digest: Diagnostics startup Genskey bags $34m; China Life backs Xunshi

China Digest: Diagnostics startup Genskey bags $34m; China Life backs Xunshi

Genskey

Genskey has pocketed 230 million yuan ($34 million) in a Series C round led by Huagai Capital, while Zhejiang Xunshi Technology has raised “tens of millions of US dollars” from China Life Private Equity, Sinopharm Capital, and others.

Genskey bags $34m in a Series C round

Chinese genetic testing and diagnostics startup Genskey on Monday said that it has garnered 230 million yuan ($34 million) in a Series C round of financing led by Huagai Capital, a 150 million yuan PE fund that invests in healthcare, TMT (technology, media, telecom), and culture.

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