Chinese Medical Solutions Firm Valued at USD30 Million After Tamarace Capital Funds Pre-A Round
Zhang Xia
DATE:  Sep 25 2017
/ SOURCE:  Yicai
Chinese Medical Solutions Firm Valued at USD30 Million After Tamarace Capital Funds Pre-A Round Chinese Medical Solutions Firm Valued at USD30 Million After Tamarace Capital Funds Pre-A Round

(Yicai Global) Sept. 25 -- Chuanpai Doctor Group Shenzhen Co. has completed its pre-A financing, which was funded exclusively by Tamarace Capital, to push its valuation to CNY200 million (USD30.77 million), the startup said in a press briefing.

A group of 15 medical doctors set up the company in August 2016 to provide medical solutions for headaches and muscular pain.

Tamarace Capital is very optimistic about the firm's prospects in the field of universal health, said Liu Bingyun, chair of Tamarace Capital .

The medical company has signed an agreement with the US-China Medical Exchange Association to promote medical exchange between the two countries and boost technical capacities of both sides. The parties will cooperate in medical resources, remote consultation, overseas medical treatment, education and training.

Chuanpai Doctor Group is cooperating with three medical institutions and has started operations at two treatment facilities.

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Keywords:   FINANCING,Fund,Medical Treatment,Doctor