Three Chinese investment firms invested $35 million in Silicon Valley firm Scanadu
Three Chinese investment firms, China's Tencent, Fosun International and China Broadband Capital, have invested $35 million in Silicon Valley firm Scanadu.
Scanadu is a firm that is making a handheld device that measures five vital signs in about 30 seconds. Other investors in this round include Iglobe Partners of Singapore and A round investors Relay Ventures, Redmile Group, Ame Cloud Ventures and Three Leaf Ventures, an affiliate of The Broe Group. Scanadu has raised $49.7 million in funding to date.
To see a list of investors from China similar to Tencent Holdings and Fosun International, check the Chinese Investors Directory
More details follows
May 4, 2015 |
Filed under China Broadband Capital, China Venture Capital, Fosun International, Tencent Holdings
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