China Digest: Baidu Ventures-backed Qitan nets over $14m; Sequoia invests in Syrius

China Digest: Baidu Ventures-backed Qitan nets over $14m; Sequoia invests in Syrius

Biotech company Qitan Technology has raised over 100 million yuan ($14 million) in Series A funding, while robot maker Syrius Robotics has bagged more than $10 million in a round led by Sequoia Capital China.