Chinese cloud-based healthcare firm Taimei nets $212m in fresh funding

Chinese cloud-based healthcare firm Taimei nets $212m in fresh funding

Photo by Henk Vrieselaar on Unsplash

Taimei Technology, a Chinese cloud-based software provider that serves pharmaceutical companies and clinical research organizations (CROs), announced on Friday the completion of Series E and Series E+ rounds of financing at 1.5 billion yuan ($212 million).

The Series E and Series E+ rounds were led by New York-based investment company Tiger Global Management and Tencent, respectively, Taimei said in a statement on its WeChat official account.

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