Online insurance service company Nanyan Information Technology has raised 100 million yuan ($14 million) in a Series B2 round of funding led by BOC International Holdings Limited. In a separate development, China’s top medical technology company Lachesis has raised 150 million yuan ($22 million) in a Series B+ round of funding from Shenzhen Municipal Government-backed Shenzhen Capital Group Co., Ltd.
Nanyan Information raises $14m in Series B2 round
Online insurance service company Nanyan Information Technology raised 100 million yuan ($14 million) in a Series B2 round of funding led by BOC International Holdings Limited, a large investment institution under the Bank of China, per a company statement.