China Digest: Qiming leads $50m round for Sunyur; Broncus goes public in $215m IPO


Source: dealstreetasia.com dealstreetasia.com

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Qiming Venture Partners has led a 320 million yuan ($49.5 million) Series B round of financing for Sunyur, while Broncus Holding Corporation, a Chinese medical device firm also backed by Qiming, has raised HK$1.671 billion ($214.7 million) in an initial public offering (IPO) in Hong Kong. Qiming leads $50m Series B round for Sunyur Qiming Venture Partners has led a 320 million yuan ($49.5 million) Series B round of financing for Sunyur, as the Chinese startup plans to invest in the development of its intelligent digital procurement solutions to serve more than 100 large and medium-sized enterprise clients. Existing shareholders...