China Digest: KingstronBio, MAXIEYE raise fresh funding

KingstronBio, a maker of medical devices, has raised $47 million in a Series C round led by Sequoia Capital China, while automatic driving systems developer MAXIEYE has raised an equivalent amount in a Series B round.

KingstronBio raises $47m in a Series C round

Sequoia Capital China has led a 300 million yuan ($47 million) funding round in the medical devices maker KingstronBio, as per a company statement on Friday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter