Fundz

Hong Kong InsurTech MediConCen secures $6.85m in latest funding round

PRIVATEFeb 09, 2024

Amount Raised

$6.85 Million

Round Type

Funding Round

ChinaArtificial IntelligenceInsurance

Investors

Wings Capital VenturesParticle XG&M CapitalHSBC Asset Management

Description

MediConCen Limited has raised $6.85m in a Series A funding round led by HSBC Asset Management, with additional support from existing investors such as G&M Capital, ParticleX, and new investor Wings Capital Ventures. The total funding now stands at $12.7 million, fuelling expansion plans in international markets, particularly in the Middle East and Southeast Asia.

Quick answer

MediConCen raised $6.85 Million in a Funding Round round, dated February 9, 2024. Investors: Wings Capital Ventures, Particle X, G&M Capital and HSBC Asset Management. MediConCen is based in China.

How much did MediConCen raise?
MediConCen raised $6.85 Million in a Funding Round round on February 9, 2024.
Who invested in MediConCen?
Wings Capital Ventures, Particle X, G&M Capital and HSBC Asset Management are named as investors in this round.
What does MediConCen do?
An InsurTech company specialising in automating insurance claims using AI.
Where is MediConCen based and how big is it?
MediConCen is based in China.
Who are the decision-makers at MediConCen?
Fundz holds 1 contact at MediConCen. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Insurance and Artificial Intelligence around the same time

Companies in the same sectors as MediConCen that raised within 45 days of this round, from Fundz verified event records.

  • CLARA Analytics raised $64M (Funding Round) on February 21, 2024.
  • Nvidia raised $2.1M (Seed) on February 2, 2024.
  • Buddywise raised $3.8M (Seed) on March 25, 2024.
  • Mindlogic raised $7.5M (Series B) on March 25, 2024.
  • RealSage raised $4M (Seed) on March 25, 2024.
  • Dema raised $7.6M (Seed) on March 25, 2024.

Who to call at MediConCen, and when

A new round usually means MediConCen is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day MediConCen raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at MediConCen, from your own LinkedIn network

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Company Information

Company

MediConCen

Location

China

About

An InsurTech company specialising in automating insurance claims using AI.

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