AccuMedical has garnered more than 100 million yuan ($14 million) in a Series B round of financing led by Sequoia Capital China, while Kingsware has raised approximately 100 million yuan ($14 million) in its Series A round from Qiming Venture Partners, Junsan Capital, among others.
AccuMedical raises $14m led by Sequoia China
Chinese medtech company AccuMedical has garnered more than 100 million yuan ($14 million) in a Series B round of financing, according to a company statement on Monday. The round was led by Sequoia Capital China with participation from Huagai Capital.