Chinese investors of Ping An acquired stake in Israel MeMed for $70 million
Chinese Ping An Global Voyager Fund and a consortium has invested $70 million in Israel-based MeMed Diagnostics diagnostic solutions provider.
MeMed Diagnostics is to translate the signals of the immune system into simple diagnostic insights that transforms the way we treat infectious diseases and inflammatory disorders. (Ping An Insurance Company of China is a Chinese holding conglomerate whose subsidiaries mainly deal with insurance, banking, and financial services. The company was founded in 1988 and has its headquarters in Shenzhen)
To see a listing and email addresses of investors from China similar to Ping An Insurance, check the Chinese Investors Directory.
Previous Post: Chinese investor Justin Sun acquired BitTorrent for $140 million
Next Post: Chinese investors of Linear Capital acquired stake in Singapore Igloo for $8.2 million