China-based single-use bronchoscope specialist Hunan Vathin Medical Instrument Co., Ltd reportedly raised “hundreds of millions” of renminbi in a Pre-Series B financing round led by IDG Capital. Other investors included Founder Securities and Hunan Xiangtan Caixin Chanxing Equity Investment Partnership. The proceeds will be used to ramp up the company’s research and development pipeline, clinical trials, automatic production line, and international marketing layout.
Company Background and Global Presence
Vathin, founded in 2018 and operating out of China and Germany, boasts Olympus Corporation as its general agent in the US. The company’s business presence covers the US, Germany, Japan, France, the UK, and Australia, among dozens of developed countries and regions.-Fineline Info & Tech
