Sequoia invests in Chinese AI drug startup

AI and pharmaceuticals are two of the hottest sectors in China right now. Sequoia's investment in DIP covers both of them.

Sequoia Capital China completed almost $15 million Series B investment in Beijing-based Deep Intelligent Pharma (DIP), a Chinese startup that provides artificial intelligence (AI) technology for drug development, on September 28, though it was not announced until October 9.

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