China's MicroTech Medical raises $88m funding from Tencent, IDG, others

China's MicroTech Medical raises $88m funding from Tencent, IDG, others

MicroTech Medical, Inc

MicroTech Medical, Inc. — a Chinese maker of medical equipment for the diagnosis and treatment of diabetes — has raised 575 million yuan ($88 million) in a funding round led by Beijing Taikang Investment Management, the investment arm of TaiKang Life’s subsidiary Taikang Asset Management.