Tencent returned for a $145m series C round, three months after leading a $74.5m series B round for the healthcare-focused crowdfunding service.
China-based medical crowdfunding platform Shuidi landed RMB1bn ($145m) yesterday in a series C round featuring internet company Tencent and CICC Capital, a subsidiary of financial services firm China International Capital Corporation (CICC).
Private equity firm Boyu Capital led the round, which included venture capital firm Gaorong Capital, and which boosted the company’s overall funding to more than $250m.
Founded in 2016, Shuidi has developed a crowdfunding platform called Shuidichou which allows users to source donations to pay for their healthcare.…
