China Digest: Nreal nabs $40m in Series B1 round; InxMed bags $19m

Mixed reality product developer Nreal has garnered $40 million in a Series B1 round of financing led by Beijing Kuaishou Technology, while InxMed Biotechnology (Nanjing) has secured 130 million yuan ($19 million) Series A+ round of financing co-led by China Growth Capital and Qirui Youkang Innovation Fund.