China Life and SDIC Fund Management led a $500m series A funding round in United Imaging Healthcare.

China Life, a private equity fund, and SDIC Fund Management, a state-owned investment holding company, led a $500m series A funding round in United Imaging Healthcare, an advanced medical imaging and radiotherapy equipment company, with participation from China Venture Capital, CICC, CITIC Capital and CDB Capital. “This financing will encourage United Imaging to continue to invest heavily in innovation, creating values for customers, shareholders, and employees, and contributing to the industry with innovative products and technologies, which ultimately benefits the public in general,” Xue Min, United Imaging Healthcare CEO.