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Taimei Tech Completes $176 Million Raise for AI Clinical Trial Software

publication date: Sep 29, 2020

aimei Technology of Shanghai completed a $176 million financing to support its AI cloud-based suite of programs for clinical trials. The company says its SAAS platform enables clinical research collaboration between sponsors, sites, CROs, patients, regulatory agencies and third-party providers. Its latest funding was co-led by Tencent Holdings, GL Ventures (a Hillhouse subsidiary) and YF Capital. One year ago, Taimei closed a $212 million Series E/E+ round. More details....

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