China VC Weekly: Autonomous Driving, Battery Health, Drones and More In last weeks VC news: Bain Capital bets on Newlink, XAG raises funds for R&D, Momenta bags $500 million, while Fova Energy secures new funds from Shunwei Capital.
Backed by Bain Capital, Chinese Data-Center Operator Chindata Plans to List Shares in US, Targeting $400M Chindata Group plans for a US listing as early as the third quarter of this year, with the expectation of raising approximately $400 million.
