Shanghai Based Kedu Healthcare Tech Raised $60 Million in a Series C Round Funding Led by China Merchants Capital

Shanghai Based Kedu Healthcare Tech Raised  Million in a Series C Round Funding Led by China Merchants Capital

Shanghai based Kedu Healthcare Tech raised $60 million in a series C round funding led by China Merchants Capital and followed by UOB Venture Management, Israel YingFeiNiDi, Wonderland International Financial Holdings Limited and Morale. Use of the investment was undisclosed.

Established in 2006, Kedu provides services including medical device management, discipline construction management and supply chain management. The product line of Kedu covers all departments in the hospital and its service network covers widely all China.

At present, the assets of hospital under the management of Kedu Healthcare Tech are nearly 50 billion of Yuan. There are more than 200 hospitals with overall medical equipment trusteeship and more than 2000 hospitals with partial medical equipment trusteeship.

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