Medical imaging company United Imaging received USD 510M for Series A
Founder: Xue Min
Founded in: 2010
Financing status: RMB 3.3 billion (USD 510 million) for Series A financing in 2017
Medical imaging company, United Imaging, received USD 510 million for Series A on September 15th to invest in innovation for new products.
United Imaging is a medical imaging company dedicated to the development, manufacturing, and sales of a full range of large and high-end medical imaging equipment. It also provides a full range of healthcare solutions to relevant industries, such as diagnostic imaging equipment, radiotherapy equipment, medical service training, and healthcare IT through innovative products. United Imaging has submitted a total of more than 1,000 patent applications, of which more than half are invention patents. The company has independently researched and developed its first batch of 18 products and successfully released them into the market.
Founded in 2011 in Shanghai, it currently has seven research and development centers worldwide, including component, computed tomography, CT, molecular imaging, MI, magnetic resonance, MR, radio therapy, RT, healthcare software, HSW, and X-ray, XR.
This new financing round was led by China Life Insurance Big Health Fund and SDIC Fund Management Co. The capital will be used to increase investment in the research and development of innovative products and technologies. Meanwhile, it aims to provide cost-effective products and healthcare information solutions to benefit a wider range of society.
Installment service provider Shefenqi received undisclosed pre-Series A in millions of USD
Founder: Su Rui
Financing status: Pre-Series A financing in 2017 amounting to tens of millions of RMB (a few millions of USD)
Installment services provider, Shefenqi, received undisclosed pre-Series A in millions of USD on September 18 to cooperate with other businesses and financial services providers to provide its users with a large range of services.
Shefenqi is an installment services provider that mainly provides female users with installment payment services to purchase luxury goods. It is expanding its range of products on its platform based on female users’ demands. Now there are more than 400,000 stock keeping units available on its platform for installment payments, such as light luxury products, watches, beauty products, house furnishings, and so on.
Founded in Guangzhou, Shefenqi has attracted millions of users in China, with its monthly asset growth up to 30. Its founding team is mainly from Tencent, Alibaba, Vip.com, and YY.com. It is seeking to cooperate with other luxury providers to directly sell the latter’s products on Shefenqi’s platform with installment services.
This new financing round was led by Guangzhou Happen Investment Management Co., Ltd. Shefenqi plans to use the funds to cooperate with other businesses and financial services providers to broaden its service range and build a risk management system based on big data technology.
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