Chengdu-based Chinese high-end women’s hospital operator Angel Group (China) Holding Company says that Sequoia Capital has invested several hundred million RMB in the healthcare firm in its series B financing round.
The specific amount of the investment is not disclosed.
Previously, Angel Group received RMB100 million ($16.7 million) in series A funding from CDH Venture and Zero2IPO Ventures in September, 2010.
Angel Group operates five women’s hospitals in China’s four second-tier cities of Chengdu, Xi’an, Chongqing and Kunming.
Its Kunming hospital began operations on January 13, 2014.
