Weekly investors roundup: Temasek, Adia joins China biotec fund-raise; NGS Super divests fossil fuel assets; KIC eyes new CIO
Singapore's Temasek and the Abu Dhabi Investment Authority participates in China-based biotech firm funding round; NGS Super has divested from oil and gas exploration and production companies as it works towards a carbon-neutral portfolio by 2030; head of strategy and innovation will be promoted as the chief investment officer of Korea Investment Corporation; and more.
TOP NEWS OF THE WEEK
Singapore state investment fund Temasek and the Abu Dhabi Investment Authority (Adia) participated in China-based biotech firm Sironax’s $200 million Series B funding round.
The fund raising was led by Gaorong Capital and Yunfeng Capital. With the closing of this round, Sironax has raised over $300 million to date.
Sironax plans to use the proceeds to support the ongoing clinical development of its portfolio of receptor-interacting serine/threonine-protein…
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