BeauCare Raises ￥100M in Series D Funding Round from Fortune Capital

(VCBeat) Mar. 31, 2021 -- Recently, BeauCare Clinics Investment Co., Ltd. ("BeauCare"), a leading chain-store cosmetology hospital company, has raised hundreds of millions of yuan in a Series D financing from Fortune Venture Capital. BeauCare will use the proceeds to further consolidate its top position in the industry, explore innovative businesses, lead the development of medical cosmetology, and better contribute to the inner cycle of the domestic economy.

Founded in November 2012 and headquartered in Beijing, BeauCare is an international chain-store group specializing in the investment and management of international high-end cosmetology hospitals. BeauCare has become a large investment and operation platform to support doctors' entrepreneurship in the medical cosmetology industry in China. Learning from the international common-mode and cooperating with the industry's outstanding experts, BeauCare invests in the establishment of hospitals and strives to provide high-quality and safe services for tens of millions of Chinese customers.

BeauCare is one of the earliest chain-store and investment groups that supports doctors to start their own businesses in China. As of March 2021, BeauCare has invested, operated and prepared to build more than 50 institutions in more than 10 cities across the country, covering Beijing, Shanghai, Guangzhou, Shenzhen, Tianjin, Chongqing, Dalian, Nanjing, Hangzhou, Wuhan and other first-tier and provincial capital cities.  The services provided by those hospitals involve plastic and cosmetic surgery, micro-dose plastic surgery, laser dermatology, body sculpture, cosmetic dentistry, ophthalmology and many other fields.

Founded in April 2000, Fortune Capital is one of the earliest market-oriented venture capital firms in China. For the past 14 years, Fortune Capital focuses its investments on leading companies in four key sectors: TMT (Media oriented), Consumer Goods/Services, Modern Agriculture and Clean Tech.

Fortune Capital is ranked among the highest performing VC/PE firms in China. In addition to providing capital, Fortune Capital provides its investee companies with personalized value-added services.