Tencent leads $142m Series D+ round in Chinese oncology database Medbanks

Tencent leads $142m Series D+ round in Chinese oncology database Medbanks

Laboratory equipment. Photo: Pixabay

Beijing-based oncology database platform Medbanks has secured about 1 billion yuan ($142 million) in a Series D+ round of financing led by Tencent with participation from investment firm Wu Capital.