China Digest: FountainVest leads funding in medical firm Broncus; BAI backs Nelo

China Digest: FountainVest leads funding in medical firm Broncus; BAI backs Nelo

Medical firm Broncus has raised “tens of millions of US dollars” in a Series D round led by FountainVest Partners, while food brand Nelo has secured “millions of US dollars” in a Series A round from IDG Capital and BAI.