China Digest: Nutshell raises $40m Series A+ round; UniXell closes $31.5m

China Digest: Nutshell raises $40m Series A+ round; UniXell closes $31.5m

A researcher at Shanghai UniXell Biotechnology is observing the growth condition of pluripotent stem cells under a microscope. Source: Shanghai UniXell Biotechnology

Allosteric drug developer Nutshell Therapeutics announced on Monday that it has closed $40 million in a Series A+ round of financing. Separately, Shanghai UniXell Biotechnology has raised nearly 200 million yuan ($31.5 million) in a Pre-A round of financing.

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