Sequoia Capital Invests In Chinese Women’s Hospital Angel Group

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.

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