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Hillhouse Investment
5 posts
ByteDance AI drug spin-off Anew Labs secures $290m at $1.5bn valuation
ByteDance’s artificial-intelligence drug discovery spin-off Anew Labs has completed a $290 million external financing at a reported $1.5 billion valuation, attracting leading Chinese investment firms while leaving ByteDance with a controlling 56% stake.
MGX weighs multibillion-dollar DayOne acquisition as $20bn IPO decision looms
Abu Dhabi-backed MGX is exploring a potential acquisition of DayOne Data Centers, creating a strategic contest between a private infrastructure deal and a possible $20 billion public listing.
Humanoid robots finally have a day job, and ROBOTERA’s $200m raise shows why it matters
Humanoid robots need real work, not stage tricks. ROBOTERA’s $200 million raise shows why logistics may decide the first winners.
Man Group’s Abu Dhabi licence push strengthens ADGM’s claim in the global asset management race
Man Group wants a deeper Abu Dhabi base. ADGM’s asset management race is turning into a test of where global capital wants to sit next.
Nature’s Fynd raises $350m in Series C for nutritional fungi protein
Nature’s Fynd, a Chicago-based developer of microbe-based proteins for meat substitutes and dairy substitutes, has raised $350 million…