China Digest: Alliance Ventures backs PowerShare; New Crop Capital appoints advisor

China Digest: Alliance Ventures backs PowerShare; New Crop Capital appoints advisor

Commercial buildings including the China Central Television (CCTV) Headquarters, center, stand in the central business district of Beijing. Photographer: Tomohiro Ohsumi/Bloomberg

Alliance Ventures has invested in electric vehicle charging startup PowerShare, while US venture capital firm New Crop has roped in Capital Dao Foods International as an exclusive financial advisor to advise it on investments in China.

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