China Digest: Drug maker MingMed closes $60m; Changyang Tech raises nearly $31m

China Digest: Drug maker MingMed closes $60m; Changyang Tech raises nearly $31m

Source: Michael Longmire/Unsplash

Chinese pharma products developer MingMed has garnered $60 million in a Series A round, while industrial Internet security solutions provider Changyang Tech has raised nearly 200 million yuan ($30.8 million) in a Series D round.