Taikang Life has led a series C round for the medical supplies provider that also featured 6 Dimensions Capital and Legend Capital.

China-based medical supplies distributor GKHT Medical Technology raised more than RMB1.1bn ($154m) on Saturday in a series C round led by insurance firm Taikang Life.

6 Dimensions Capital, the investment firm co-founded by pharmaceutical firm WuXi AppTec, also participated in the round, along with Legend Capital, the venture capital firm launched by conglomerate Legend Holdings.

The round was filled out by China Merchants Capital, a private equity vehicle for state-owned investment holding company China Merchants Group, as well as VC…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.