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SoYoung has raised USD70 million in Series E funding
2018-09-04
Beijing-based medical cosmetology platform SoYoung has raised a $70 million Series E round at unicorn valuation led by Hong Kong-based private equity firm Orchid Asia Group. The latest round witnessed the participation of new investors BOC International Holdings Limited and Russia-China Investment Fund, as well as existing investor Matrix Partners China.China Taihecap continued serve as the exclusive financial advisor.
Proceeds of this round will be used in service upgrades, exploration and incubation of new businesses including aesthetic artificial intelligence diagnosis and treatment system, and team expansion.
Source: https://www.investsize.com/en/china%E2%80%99s-soyoung-raises-$70-mln-in-series-e-round
