IDG Capital
China’s Apex Intelligence raises nearly $50M for self-evolving AI models
Beijing-based Apex Intelligence has raised nearly $50 million across angel rounds to develop self-evolving foundation models for scientific research.
ByteDance AI drug discovery spin-off Anew Labs raises $290M at $1.5B valuation
Anew Labs, ByteDance’s AI drug-discovery spin-off, has raised $290 million in its first external round at a valuation of about $1.5 billion.
