News Snapshot:
Zdeer , a Wuhan-based healthtech brand, announced that it has secured over 100 million yuan (US$15.2 million) in a series A+ round led by Hillhouse Capital’s GL Ventures. Crystal Stream Capital, Tiantu Capital, Cowin Capital, and Country Garden Venture Capital, the investment vehicle of Chinese property developer Country Garden, also participated in the round. Photo credit: Zdeer Founded in December 2014, Zdeer has rolled out two kinds of products: the smart moxibustion device, which is used to provide pain relief, and the smart steam footbath. It has over 10 new products that are in the research and development stage. Explaining...
