Ningbo Linstant Polymer Materials Co., Ltd, a Chinese manufacturer specializing in polymer accessories for medical devices, has reportedly secured over RMB 100 million (USD 14 million) in a Series B financing round. The funding was led by Fenghua VC, with additional investments from NTG. The company plans to use the proceeds to expand its manufacturing capabilities, bolster its workforce, and enhance its presence in overseas markets.
Established in 2014, Linstant has a diverse product portfolio that includes single lumen tubes, multi lumen tubes, balloon tubes, spiral reinforced sheaths, woven reinforced sheaths, multi-layer composite tubes, special material tubes, and other multifunctional tubes. The company also produces a variety of injection molded parts for use in implant intervention equipment across various medical departments, including cardiovascular, valve, orthopedics, radiology, anesthesiology, reproductive, and urology.- Flcube.com