Qiang Sen has welcomed back series A investor Legend Capital for a $14.5m round that will fund the expansion of its chain of community healthcare clinics.
Qiang Sen International Community Medical (QSICM), the China-based operator of a community clinic franchise, has received RMB100m ($14.5m) in a series B round co-led by conglomerate Legend Holdings, China Money Network has reported.
Legend Holdings, which invested through corporate venturing vehicle Legend Capital, co-led the round with venture capital firm Qiming Venture Partners.
Established in 2014, QSCIM operates 20 clinics in the cities of Chengdu and Xi’an that provide medical services such as paediatrics, gynaecology, stomatology, ultrasounds and electrocardiography (ECG).
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