Announced
Completed
Financials
Sources
Tags
Acquisition
Completed
Friendly
Cross Border
China
Private Equity
Single Bidder
AI
Minority
Medical Services
Private
artificial intelligence
Synopsis
Goldman Sachs and Primavera, an investment firm, led the $108m investment round in Shukun, an AI-powered medical diagnosis firm. Other investors include Sequoia Capital China, Marathon Venture Partners, Jane Street, WT Asset Management and Sage Partners. The fresh funding would be used to invest in R&D of its AI product. Additionally, cash will help increase the pace of commercialization of the company's products.
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