The healthcare-focused crowdfunding service collected $74.5m in the Tencent-led round, which will be used to add AI technology to its insurance platform.
China-based patient-focused crowdfunding company Shuidi raised RMB500m ($74.5m) in a series B round led by internet company Tencent yesterday.
Venture capital firms BlueRun Ventures and Gaorong Capital, VC group IDG Capital and investment firm Sinovation Ventures also took part in the round, as did private investors Yuri Milner and Wu Xiaoguang, BlueRun revealed in a statement on its WeChat account.
Founded in 2016, Shuidi has developed a crowdfunding service that enables families to source donations to help pay for healthcare. It also…
