Chinese life science solutions provider Taimei closes $176m

Chinese life science solutions provider Taimei closes $176m

Photo: Unsplash

Taimei Technology, a Chinese provider of tech-enabled life science solutions, has secured over 1.2 billion yuan ($176 million) in a new funding round co-led by Tencent, Hillhouse’s venture capital arm GL Ventures, and YF Capital, a private equity firm backed by Alibaba co-founder Jack Ma Yun.