Jiangsu-based MDHC Life Technologies (Kunshan) Co.,Ltd, a leading platform in minimally invasive surgery and life sciences consumables known as “Big Smart Manufacturing,” has reportedly raised hundreds of millions of RMB in its third financing round. The round was led by Luxin Venture Capital, with contributions from Ruicheng Private Equity Fund and Shanshi Asset Management. The proceeds will be allocated towards new product research and development, global marketing and operations, and supplementary working capital.
Company Background and Pipeline
MDHC boasts a comprehensive product pipeline covering endoscopic products, energy products, open products, hemostatic products, channel products, and anorectal products. The company has raised hundreds of millions of RMB in aggregate funding, with investors including Sequoia Capital, GL Capital, and Addor Capital. This latest financing round underscores MDHC’s commitment to advancing its innovative product offerings and expanding its global reach.
Future Outlook
With the support of this third financing round, MDHC is poised to accelerate its R&D efforts and enhance its global market presence. The funding will enable the company to develop new products and optimize its operations, further solidifying its position as a key player in the minimally invasive surgery and life sciences consumables sector.-Fineline Info & Tech
