China Digest: Redpoint China Ventures backs Feiwei; biomedical firm Zeesan bags $10m

China Digest: Redpoint China Ventures backs Feiwei; biomedical firm Zeesan bags $10m

Shanghai Feiwei Information Technology has raised 100 million yuan ($15 million) in a Series B round of financing co-led by Redpoint China Ventures and GP Capital, while Zeesan Biotech has garnered $10 million from Sinovation Ventures.