StairMed secured RMB 500 million in financing led by Alibaba with Tencent participating.
- Amount
- $72.5M
- Announced
- 2 April 2026
- Lead
- Alibaba
- Other investors
- Tencent, Fountainbridge Capital, OrbiMed, Oriza Seed, Qiming Venture Partners, Lilly Asia Ventures (LAV), Source Code Capital, SDIC Unity Capital
- Use of funds
- Accelerate development of its technology platform and clinical programs.
- Checked
- Amount and date checked against the press source