Fresh from unveiling a $3.1B fund, New Enterprise Associates is the sole investor in a $3 million Series A round by MORE Health. The health IT startup wants to connect Chinese doctors and their patients with U.S. specialists across areas such as oncology, neurology, cardiology and pediatrics.
As part of its investment, Xiaodong Jiang, managing director for NEA China, will take a seat on the company’s board of directors. NEA has been in the China market for 12 years and has invested about $400 million in 20 companies there.
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