SMC Capital China

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SMC Capital closes $5m Series A round in Dalian Senyint

SMC Capital China, the early growth capital platform of veteran investor Simon Murray, has closed RMB30 million ($5 million) Series A investment in Dalian Senyint International Digital Medical System, a hospital IT solutions provider.

The investment will be used to support the firm's hospital IT solutions development.

According to industry statistics and SMC's own research, aggregate hospital IT market in China is estimated to be RMB15 billion, and growing at more than 20% annually, the fastest growth among major international markets.

SMC leads the China private equity investments of Simon Murray Group from its Shanghai headquarters, operating both US dollar and local currency funds.

Founded in 2010, Senyint operates in two core products, Picture Archiving and Communication System and Remote Medical Diagnosis System, which are used to improve hospital efficiency and diagnosis quality.

SOURCE. AVCJ News
UPDATE. 2013-04-25
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