Deal Wrap: Nextech leads Fog round; Adenia acquires Courier Guy

Deal Wrap is updated as of 3 p.m. ET.

– Nextech Invest Ltd. led a $145 million Series E funding round for clinical-stage biopharmaceutical company Fog Pharmaceuticals Inc.

– Hubei Xiaomi Yangtze River Industry Investment Fund Management Co. Ltd. agreed to sell an 8.33% stake in high-tech glass business Hunan Kibing Electronic Glass Co. Ltd. to Zhuzhou Kibing Group Co.Ltd.

– BOC Financial Asset Investment Co. Ltd. led a $1.1 billion Series B funding round for electric vehicle company Zhiji Motor Technology Co. Ltd.

– Adenia Partners Ltd. acquired courier service Courier Guy Pty Ltd. PWC was financial adviser to Adenia and Webber Wentzel was legal adviser.

For more private equity deals, read our latest In Play report, which looks at potential private equity-backed M&A, including rumored transactions, each week.