Tech Financing in China this week – Medical imaging catches on

Our weekly column summarizes the tech financing highlights in China this week.

Healthcare is an hot area for investors. At the same time, there are more and more people paying attention to the development of healthcare-related industries. There are several methods that can be used to facilitate the healthcare industry, such as genomic information, biological information, medical imaging, and so on. This week, we have the medical imaging company, United Imaging, which secured the largest financing round in this industry to provide cost-effective products and healthcare information solutions to benefit a wider range of society.

Medical imaging company United Imaging received USD 510M for Series A

United Imaging

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.

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Online financing platform Zhuaqianmao received USD 30M for Series B

Zhuaqianmao

Founded in: 2014

Financing status: RMB 200 million (USD 30 million) for Series B financing in 2017

Online financing platform, Zhuaqianmao, received USD 30 million for Series B on September 14 to expand its business to the car and estate financial industry.

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Restaurant purchasing e-commerce platform Fenfenzhong receives USD 17 M for Series A

Fenfenzhong

Founder: Han Hua

Founded in: 2015

Financing status: RMB 110 million (USD 17 million) for Series A financing in 2017

Restaurant purchasing e-commerce platform, Fenfenzhong, received USD 17 M for Series A on September 15 to improve its operational efficiency.

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Installment service provider Shefenqi received undisclosed pre-Series A in millions of USD

Shefenqi


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.

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Business park developer D&J China received USD 180M for Series D

D&J China

Founder: Sun Dongping

Founded in: 2014

Financing status: RMB 11.8 billion (USD 180 million) for Series D financing in 2017

Business park developer, D&J China, received USD 180 million for Series D on September 18 to focus on developing its business in China’s first-tier cities.

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Automotive supply chain platform Ejauto receives undisclosed financing in millions of USD

Ejauto

Founder: Pan Ying

Founded in: 2014

Financing status: Undisclosed financing round amounting to tens of millions in RMB (a few million USD)

Automotive supply chain platform, Ejauto, received undisclosed financing in millions of USD on September 18 to integrate big data, cloud computing, and AI technology to facilitate automotive sales on its platform.

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Autonomous driving startup Jingchi receives USD 30M for angel round

Jingchi

Founder: Wang Jing

Founded in: 2017

Financing status: RMB 197 million (USD 30 million) for angel round financing in 2017

Autonomous Driving startup Jingchi received USD 30 million for angel round on September 19th to run autonomous driving tests in China.

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Local life service platform QianBaoCard receives USD 150M for Series B

QianBaoCard

Founder: Zhao Guodong

Founded in: 2015

Financing status: RMB 1 billion (USD 150 million) for Series B financing in 2017

Local life service platform QianBaoCard received USD 150 million for Series B on September 19th to expand its services across more consumption areas.

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Fresh food e-commerce platform Missfresh received USD 230M for Series C+

Missfresh

Founder: Xu Zheng

Founded in: 2015

Financing status: RMB 1.5 billion (USD 230 million) for Series C+ financing in 2017

Fresh food e-commerce platform, Missfresh, received USD 230 million for Series C on September 20 to invest in market expansion plans.

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Online rental platform Baletu received undisclosed Series B in tens of millions of USD

Baletu

Founded in: 2014

Financing status: Series B financing round in 2017 amounting to hundreds of millions of RMB (tens of millions of USD)

Online rental platform, Baletu, received undisclosed Series B in tens of millions of USD on September 21 to deploy intelligent hardware in its houses.

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Kaikai Shi

Kaikai Shi writes for us. He holds a bachelor's degree in Biotechnology at Zhejiang University. His interests are in new technology and reading. Kai believes that new technology will change the world we live in, and is trying to engage himself in this process.

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