Tsing Capital Participates In $44.5M Series D Round For Phononic

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Durham, North Carolina-based solid state cooling and heating products maker Phononic says that it has completed US$44.5 million series D funding led by Eastwood Capital Corp and the Wellcome Trust, with participation of two Chinese venture firms, according to a company announcement.

The WLR China Energy Infrastructure Fund, Beijing-based venture firm Tsing Capital, Venrock, Oak Investment Partners and Rex Health Ventures.

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