China Life Co-Leads Series A Round in Shanghai United Imaging Healthcare
Shanghai United Imaging Healthcare, a Chinese maker of medical imaging equipment, has raised around $500 million in Series A funding. SDIC Fund Management Co., Ltd, a unit owned by State Development & Investment Corporation (SDIC), and China Life Insurance Company Limited led the Series A round.
Other investors in the round include Capital Venture Investment Fund, China International Capital Co., CITIC Securities, CDB Capital (a unit of China Development Bank) and CMB International Capital Limited (a unit of China Merchants Bank).
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