China VC Weekly: Edtech, Autonomous Driving and Healthcare
Last week was big for edtech fundraising news. Two of China’s largest edtech unicorns, Zuoyebang and Yuanfudao, both raised huge sums, pushing their valuations through the roof. In other news, Tencent-backed healthcare community DXY bagged $500 million for technological innovation, while self-driving vehicle startup WeRide struck up a cooperation agreem…