Health start-up Medopad raises $28 million after striking over $140 million in China deals
British health tech start-up Medopad has raised $28 million in its first round of financing, after having struck �100 million ($143 million) worth of deals in China with firms including Tencent. Medopad was one of a number of U.K. firms to join British Prime Minister Theresa May on her visit to China this week, as the U.K. leader discussed trade and security with Chinese President Xi Jinping. The Series A round was led by Hong-Kong listed NWS Holdings, the construction and transport flagship of Chinese corporation New World Development. UBS served as a financial advisor to Medopad, overseeing the deal.