AI Drug R&D Startup XtalPi Announces Over 300 Million Series C Investment Led by SoftBank Vision Fund, PICC Capital, and Morningside

Christel Deskins

CAMBRIDGE, Mass. and SHENZHEN, China, Sept. 28, 2020 /PRNewswire/ — XtalPi, an Artificial Intelligence (AI) drug discovery and development technology company, today announces an oversubscribed Series C funding of $318.8 million co-led by SoftBank Vision Fund 2i, PICC Capital, and Morningside. The new round of financing is joined by over a […]

SMIC slumps, SoftBank drops in mixed Asia markets

Christel Deskins

Asian markets were mixed Monday, following a sharp selloff on Wall Street last week. Japan’s Nikkei 225 NIK, +0.39% dipped 0.5% while Hong Kong’s Hang Seng index HSI, +0.32% fell 0.4%. The Shanghai Composite SHCOMP, -0.04% declined 1.9% while the smaller-cap Shenzhen Composite 399106, -0.52% dropped 2.2%. South Korea’s Kospi […]