Sequoia Capital China has made a strategic investment in Hong Kong Asia Medical Center, a Chinese cardiology hospital operator.
The companies did not disclose financial details, but said the investment is worth hundreds of millions RMB (RMB100 million equals US$14 million).
"Healthcare has always been a key focus for Sequoia Capital China, especially medical services," said Neil Shen, founding managing partner at Sequoia. "We are very optimistic about the team at Hong Kong Asia Medical Center, which has navigated in this sector for nearly 20 years and led the company to be a leader in the cardiovascular care space."
Founded in 2010, Hong Kong Asia Medical Center focuses on cardiology and heart disease care, in addition to providing services in gene...
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