Beijing Cuiyutao grows up with $10m

Jan 12, 2016 • Robert Lavine

The paediatric care startup raised the cash in a series B round featuring real estate developer Longfor Properties.

China-based paediatric care provider Beijing Cuiyutao Children’s Healthcare Center has received $10m from a subsidiary of real estate developer Longfor Properties and venture capital firm HighLight Capital, China Money Network reported on Friday.

The centre was founded by Yui Cutao, chair of paediatrics at Beijing United Famly Hospital, in 2014. It received an undisclosed amount of series A funding from HighLight, which focuses on healthcare investments, the same year.

The series B proceeds will be used to develop Beijing Cuiyutao’s…

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