AllinMD Orthopaedics raised $100m in Series B financing round.

AllinMD Orthopaedics, which holds an internet hospital license in China, raised $100m in Series B financing round. Singaporean sovereign wealth fund Temasek and US venture capital firm H Capital led this round, while Tencent and Trustbridge Partners also joined. The fresh funds will be used to increase the number of AllinMD’s bricks-and-mortar hospitals and to expand its online education services to more doctors living in China’s smaller cities and rural areas.