Hao Capital invests $12.5m in China's DJ Health Union

Hao first invested in the company in 2010 and this latest commitment comes from a $73 million auxiliary fund that was launched last year. The GP has previously raised two full funds.

Founded in 1999, DJ HealthUnion has expanded its business from medical imaging informatics to incorporate a full range of digital hospital solutions under its proprietary health information union platform (HiUP). The new capital will go towards further developing this system and taking it into more hospitals.

"DJ HealthUnion is unique in China, bringing together a team of healthcare, hospital management, and IT experts and we are delighted to be funding its further development. Its HiUP is the first full health information exchange system in China providing hospital administrators with a real-time dashboard to understand and improve the speed, quality, safety, and cost of hospital-wide patient care," Elaine Wong, partner and co-founder at Hao, said in a statement.

The private equity firm provides growth capital to Chinese companies and currently manages total assets of more than $600 million. It focuses on investments in the healthcare, environmental and advanced industrial sectors.

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• Topics
• Healthcare
• Greater China
• Expansion
• China
• healthcare
• Growth capital
• Hao Capital