Chinese healthcare solutions provider Weimai has raised $100 million in its latest round of fundraising, giving it more firepower to expand in a burgeoning market that uses internet technology to support the provision of health services.
The latest funding round, which came nine months after its $30 million series B round in September, was led by IDG Capital and involved commitment from existing shareholders like Cenova Ventures, Matrix Partners, Vision Capital, Source Code Capital, Weimai said in a microblog post on Thursday.
The proceeds will be used to expand Weimai’s network of partnerships with hospitals, clinics and service providers, and to invest in internet technology, healthcare big...
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