PhiSkin has raised $17.7m in a series B round led by Legend Capital and will use the funding to expand its range of cosmetic treatment centres across China.
Legend Capital, the venture capital firm sponsored by conglomerate Legend Holdings, has led a RMB120m ($17.7m) series B round for China-based cosmetic beauty services provider PhiSkin, China Money Network reported today.
Alternative asset management firm Ares Management also took part in the round, which comes after PhiSkin secured $9m in a 2015 series A round led by private equity firm H&Q Asia Pacific.
Founded in 2012, PhiSkin supplies non-surgical cosmetic beauty procedures such as laser skin treatments and botox and…
