Health management platform Boohee announced the completion of an undisclosed Series C round from Chinese conglomerate Fosun International.
Other investors include DCM, Qualcomm Ventures, Morningside Venture Capital and Zero2IPO Capital.
Shanghai-based Boohee has a food database, app, and a WeChat mini programme and claims to have served 80,000 users.
Boohee also offers healthy and affordable food products covering breakfast, lunch, dinner, among others. It has so far launched three brands, Easy Fun, Easy Ace and Easy Fan.
CHINA DEAL MONITOR
DealStreetAsia has also put together a table listing out all prominent venture capital transactions in the Greater China region on April 27, 2020.
|Startup||Headquarter||Investment Size (USD)||Investment Stage||Lead Investor(s)||Other Investor(s)||Sector|
|Yunyinggu||Shenzhen||28 million||C, C+||Qiming Venture Partners||Xiaomi Corporation, Qualcomm, AVC Fund Management, Northern Light Venture Capital||Hardware|
|Wangbaobao||Hangzhou||14 million||B||-||Vertex Ventures China||Consumer & Brands|
|HexFuture||Beijing||4 million||A||Albatross Venture||BE Capital, Flyfot Ventures, Xueda Education||Ed Tech|
|Inforefiner Technology||Beijing||* 1.4 million||-||-||PCITECH, Huacheng Venture Partners||AI/Robotics|
|Boohee||Shanghai||-||C||Fosun International||-||Health Tech|
∗ indicates that the company did not provide the specific size of the deal but only a range. So, we adopt the smallest number in the range, which is “10 million yuan ($1.4 million)” in the given example.