Sequoia, GL Ventures co-lead over $100m funding in China's Access Medical Systems

Sequoia, GL Ventures co-lead over $100m funding in China's Access Medical Systems

Photo by Hush Naidoo on Unsplash

Access Medical Systems (AMS), the parent company of Matrix Partners China-backed ET Healthcare, has raised over $100 million in a new funding round co-led by Sequoia Capital China and GL Ventures, per an announcement.

The round also saw the participation of a clutch of new investors Dr. Kai-Fu Lee’s Sinovation Ventures, US-based Kaiser Permanente, investment firms WisdoMont and Qianlong Capital.

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