China’s CDH Investments is aiming to raise nearly $1 billion in dollar and yuan funds through its venture and growth capital arm to invest in sectors including healthcare and logistics, said people with direct knowledge of the matter. The move by CDH, one of China’s largest alternative investment firms, underscores its confidence that investors are still keen

Hypergrowth startups are essential for a community’s transformation to an innovation hub. Getting the companies up and running, however, can be a painfully slow process. Waiting for new companies to emerge from a garage or a university is the traditional way to grow the innovation landscape. Given that the U.S. federal government invested $177 billion