Above: Screengrab of Synyi's website.
July 9, 2019
Shanghai-based medical AI startup Synyi announced that it has raised RMB 250M ($36.3M) in Series C funding led by Chinese tech giant Tencent. Founded in 2016, Synyi started with Natural Language Processing (NLP) capabilities in the Chinese language and focused on hospitals’ demand for scientific research data, combining AI & HIT to create their first smart analytics platform.
To solve the...
Screengrab of QTC Care's website.
April 29, 2019
Established in the US in 2013, Shanghai-headquartered QTC Care, a healthcare platform that uses AI to streamline treatment recovery and disease prevention, announced that it has raised $7M in series A funding. The investment was led by a Chinese internet giant, Tencent, followed by several other top investors in China. Just last week, Tencent-backed Trusted Doctor said that it had raised $250M in...
April 26, 2019
China's Tencent Trusted Doctor, a venture backed by tech giant Tencent Holdings, announced that it had raised $250M in a fundraising round. The investment was led by Country Garden Holdings, Tencent Holdings and Sequoia Capital, Tencent Trusted Doctor said in a statement.
The fundraising marked the first investment since the entity was formed through a merger of Tencent Doctorwork and Trusted...
Above photo: Dr. Ali Parsa, Founder & CEO of Babylon Health. Credit: Babylon Health
April 16, 2019
With the ambitious mission to put an accessible and affordable health service in the hands of every person on earth, Babylon Health, an AI-powered smartphone app, was founded in January 2013 and launched to the public in April 2014. The company’s app, available on iOS and Android devices, allows users to book a video consultation with a doctor or a therapist, send photo or text messages to get...
PatientsLikeMe founder Jamie Heywood and iCorbonX founder Jun Wang pose together.
April 4, 2019
A Chinese firm holding the majority stake of PatientsLikeMe, an online network for information, support and study recruitment for chronic conditions, is facing pressure from a US federal committee to sell its shares of the company due to concerns of foreign investment and influence, according to a CNBC report citing anonymous insiders.
iCarbonX, a health data and genomics company founded by...
From left to right: (Ying Tang, Vice President, Head of Business Operation, Healthcare, Merck China; Rogier Janssens, Managing Director and General Manager, Biopharma, Merck China; Chris Round, Executive Vice President, Head of International Operation & Global Core Franchise, Healthcare, Merck; Meng Zhang, Vice President, Tencent Medical; Jordan Liu, Strategy and Business Development Director, Tencent Medical). Photo credit: Merck
January 24, 2019
Yesterday, Merck, a German multinational pharmaceutical, chemical and life sciences company, and Tencent, a Chinese multinational investment holding conglomerate, signed a strategic collaboration agreement. The collaboration will primarily focus on increasing public disease awareness and providing more accessible healthcare services via digital platforms in China.
“In this collaboration with...
November 6, 2018
During the third quarter of 2018, the digital health space has seen a slew of deals with healthcare providers in the US, UK and elsewhere around the world. While telemedicine has continued to be a trend within the provider space, health systems are starting to turn their attention to some of the latest cutting-edge technology, such as voice.
But as these technologies advance, some physicians are...
July 26, 2018
WebMD goes to China. WebMD is teaming up with Chinese tech giant Tencent in a deal that would introduce the health information platform to Asia. This means that WebMD’s services will be translated into Chinese and localized to suit the Chinese population.
“The agreement between WebMD and Tencent has the power to make a difference in the health of the Chinese people,” said Meng Zhang, general...
November 23, 2015
San Francisco-based Circle Medical, which has developed a doctor house call app, raised $2.9 million in a round led by Collaborative Fund with participation from Tencent, Real Ventures, Kima Ventures, Paul Buchheit, a partner at Y Combinator, and YouTube cofounder Jawed Karim, according to Venture Beat.
There are a number of other app-based house call services on the market, but Circle Medical's...
September 24, 2015
CliniCloud, which started taking preorders for a smartphone connected medical kit in February, has raised $5 million in a round led by Tencent and Ping An Ventures, the investment arm of a China-based insurance, finance, and banking conglomerate. The company also announced that Best Buy will carry its offerings in US- and Canada-based stores starting this holiday season.
“This funding round is an...