China VC Weekly: Telematics, Spaceplanes and Biotech
In last week’s VC news: Chinese telematics powerhouse Pateo bagged a hefty 830 million yuan round of financing to help its R&D efforts; space flight product maker Space Transportation raised millions of dollars to build its hypersonic spaceplanes; and Shanghai-based Pulse Medical Imaging Technology closed a more than $100 million ser…
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