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Scivita Medical Raises Nearly RMB0 4 Billion in Series A Funding Round and Strives

Scivita Medical Raises Nearly RMB0.4 Billion in Series A Funding Round and Strives Scivita Medical Raises Nearly RMB0.4 Billion in Series A Funding Round and Strives to Build A World-leading Platform for Innovative Products in Endoscope and Related Fields BriefingWire.com, 4/25/2021 - Scivita Medical Technology Co., Ltd. (Scivita Medical) today announced that it has raised nearly RMB0.4 Billion in Series A funding round, which has become one of the highest financing projects in the field of endoscope in China in recent years. The investment was jointly led by GL Ventures and Lilly Asia Ventures, with contribution from Matrix Partners China, Medtronic, Chengwei Capital and Shanghai Innochip Investment. The successful completion of the Series A funding round reflects the recognition of Scivita Medical in the field of endoscope and the expectation of its future development from the capital market and industrial strategic partners. Sci

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Chinese medical equipment provider Hygea bags $77m in Series C round

Chinese medical equipment provider Hygea bags $77m in Series C round April 26, 2021 Chinese oncology-focused medical devices firm Hygea Medical Technology Co., Ltd has closed its Series C round of financing after raising 500 million yuan ($77 million), according to a company statement on Monday. Its latest funding was led by China-focused seed and early venture investor China Growth Capital. A joint fund of the Guangzhou city government and China Reform Holdings participated in the round, along with Sinopharm Capital and BioTrack Capital. AI firm SenseTime also joined the funding as a strategic investor. Chinese leading investment bank China Renaissance served as the exclusive financial advisor.

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China Money Podcast: VCs Fund Gene Editing, Big Data, And Online Education Startups

In this episode of China Money Podcast, listen to all the news headlines in the China venture investment and tech sector for the week ending April 23. We monitored 75 different startup, growth stage, and pre-IPO investment deals closing in the past 5 days totaling US$1.77 billion across China. Investors such as BioTrack Capital, Sherpa Venture Capital, IDG Capital, Lilly Asia Ventures, 3H Health Investment, HG Capital, Sequoia Capital China, Alwin Capital, and Kunlun Fund all made investments this week in a bunch of startups ranging from gene editing to building information modeling to online education to artificial intelligence to cross-border trade, and everything in between. This is the April 23, 2021 edition of the China Money Podcast where we update you on the news, data, and insights you need for making private equity and venture capital decisions in China.

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Ronovo Surgical Completes Series A Financing, Aims to Transform Surgery with Innovations Focused on Simplicity, Precision and Intelligence

Ronovo Surgical Completes Series A Financing, Aims to Transform Surgery with Innovations Focused on Simplicity, Precision and Intelligence
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Ronovo Surgical Completes Series A Financing, Aims to Transform Surgery with Innovations Focused on Simplicity, Precision and Intelligence

Share this article Share this article SHANGHAI, April 23, 2021 /PRNewswire/ Ronovo Surgical, an emerging medtech company focused on innovating minimally invasive (MIS) and digital surgery to address the tremendous needs of the Chinese surgical market, recently announced successful closing of Series A financing. Developed by renowned surgeons, medtech veterans and robotics experts, Ronovo was founded in Shanghai in 2019 to establish a transformative technology platform that democratizes MIS and digital surgery in the vastly underserved Chinese surgical market. By focusing on the three pillars of simplicity, precision, and intelligence, Ronovo is positioning itself as a gateway to China for cutting edge MIS and digital surgery technology companies from around the world.

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