AI Health Unicorn LinkDoc Technology Closes Series D+ at CNY 700 Mn

Healthcare Author: Mengyao Zhang Sep 07, 2020 11:25 AM (GMT+8)

The healthcare industry has entered a high-speed digitalization process, accelerating the integration of healthcare, pharmaceuticals and insurance.

Healthcare is being digitized everywhere. Image credit: National Cancer Institute/Unsplash

LinkDoc Technology, the big-data unicorn in the Chinese healthcare industry, recently closed a Series D+ fundraising of CNY 700 million. The deal saw participation from new investors, including CICC Capital, Yoshan Fund, Jinnan-Haihe-Kuandai Industry Fund and previous investors.

The bankroll will help LinkDoc further establish the big data-driven AI healthcare business ecosystem with three pillars: doctors, medicines and insurance. The business layout will comprehensively cover the therapy cycle, build a real-world data platform for cancer medicine development and provide innovative payment solutions based on treatment experience.

Founded in 2014, the Beijing startup plans to establish a big-data platform to provide medical data solutions for clinical research and trials. The company raised CNY 1 billion in a Series D in July 2018.