Singapore
It has raised about $1.7m in a Series A round led by Australian agrifood investor Tundra Capital.
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Yunqi Partners, FOSUN RZ Capital, Glory Ventures, Didi Global and Hesai Group joined the round.
The fund plans to build and back 8-10 healthcare companies over the next four years.
Fund II follows recent exits from the firm’s first fund.
The round includes both new funding and secondary sales.
British space-tech venture firm Seraphim also co-led the round.
nSWX has raised $2m in seed funding led by Tin Men Capital.
The funding was led by China-focused venture capital firm MPCi.
Alibaba Group, Meituan, Tencent, and JD.com were among the investors.
