China Digest: Sinovation backs $30m Series B in 7Net; Wuxi invests in Verge Genomics

China Digest: Sinovation backs $30m Series B in 7Net; Wuxi invests in Verge Genomics

Sinovation Ventures founder Kai Fu Lee. Photo: Bloomberg.

Chinese venture investors Sinovation Ventures and Wuxi Apptec have backed funding rounds for Chinese online exam grading startup 7Net and biotech firm Verge Genomics respectively.

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