Guangzhou Baishi Medical Technology Co., Ltd. announced that it has raised CNY100 million in a round of funding from Strategy Capital, Coco Capital, and Koninklijke Philips N.V. on December 22, 2022. The transaction included participation from returning investor Guangzhou Cher Ami Investment Group Co., Ltd, and Beijing JHF Investment Management,. Xiaolin Wei of Guangzhou Cher Ami Investment Group Co., Ltd., and Bill Chen of Koninklijke Philips N.V. will join the board of directors of the company as part of the transaction.