Hillhouse backs $150m round in HK-listed MicroPort's heart rhythm management unit

Hillhouse backs $150m round in HK-listed MicroPort's heart rhythm management unit

Photo by Robina Weermeijer on Unsplash

MicroPort Cardiac Rhythm Management Limited (MicroPort CRM), a subsidiary of Hong Kong-listed Chinese medical device developer MicroPort, has inked a deal to raise $150 million in a Series C round of financing from investors including Hillhouse Capital.