SenseTime Healthcare completes Series A funding, valuation surpasses $1 billion

Recently, SenseTime Healthcare announced that it had completed strategic financing of more than 500 million yuan at the beginning of the year. The company’s valuation has officially entered the $1 billion unicorn league.

This round of financing was co-invested by multiple well-known industry investors, state-owned capital platforms, and leading financial institutions, including Raffles Healthcare Growth Fund, Singapore Lion City Capital, Hong Kong High-Caliber Talent Fund, Huagai Capital, Guoke Capital, Far East Horizon Capital, Shanghai Lingang Fund, Qiaoqiao Capital, Hongfeng Capital, and others. Existing shareholders such as Legend Capital continued to increase their investment. Huaxing Capital served as the financial advisor. (Science and Technology Innovation Board Daily)

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