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Temasek leads $200m funding in Chinese dental services provider Arrail Group
Photo: Bloomberg
April 13, 2021
Beijing-based dental services provider Arrail Group has completed its Series E round funding, raising a corpus of nearly $200 million led by Singapore state investor Temasek Holdings, per a company statement on Tuesday.
The latest funding saw participation from new investors OrbiMed Healthcare Fund Management, which manages about $13 billion in assets; Hong Kong-based asset management firm Ward Ferry Management (BVI) Limited; Korea’s Mirae Asset Group; and China’s Hina Group and Industrial Bank.
CEC Capital, which invested in Arrail in 2014, served as the exclusive advisor for the deal. ....

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