Alibaba Leads Investment, Tencent and Other Existing Shareholders Continue to Increase Stakes | Jieti Medical Completes 500 Million Yuan Strategic Financing

MetaMuskRat · 2026-03-13T09:02:47+00:00

RenMin Finance News, March 13 — On March 13, Securities Times reporters learned that Shanghai Jieti Medical Technology Co., Ltd. (referred to as "Jieti Medical") recently completed a 500 million yuan strategic financing round, led by Alibaba with co-investment from China Investment Innovation Fund. Existing shareholders including Tencent, Yuanlai Capital, Aobo Capital, Yuanhe Origin, Qiming Venture Partners, Eli Lilly Asia Fund, SourceCode Capital, and Shanghai State-owned Investment Pioneer also continued to participate. Thus far, Jieti Medical has accumulated over 1.1 billion yuan in financing within the past year, and is the first company in this field where both Alibaba and Tencent have made strategic investments.

MetaMuskRat

2026-03-13 09:02:47

People’s Financial News, March 13 — On March 13, Securities Times reporters learned that Shanghai Tiered Medical Technology Co., Ltd. (referred to as “Tiered Medical”) recently completed a strategic financing of 500 million yuan, led by Alibaba with participation from Guotou Chuanghe; existing shareholders Tencent, Yuanlai Capital, Aobo Capital, Yuanhe Original, Qiming Venture Partners, Lilly Asia Fund, Source Code Capital, and Shanghai Guotou Xian Dao also continued to follow. As a result, Tiered Medical has raised more than 1.1 billion yuan in the past year, making it the first company in this field backed by Alibaba and Tencent.

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