Greater China Digest: Sequoia leads Phanes deal; Turn Capital invests in Taiwan's Dapp

Greater China Digest: Sequoia leads Phanes deal; Turn Capital invests in Taiwan's Dapp

Laboratory equipment. Photo: Pixabay

Sequoia Capital China has led a $40-million Series B round for US-based biotech startup Phanes Therapeutics, while Turn Capital has acquired Taiwanese blockchain startup Dapp Pocket.