Shanghai Winpu Technology Co., Ltd., a specialist in medical-grade polymer materials based in China, has announced a strategic merger with Silver Mars, a Suzhou-based high-tech firm specializing in bionic materials. The merged entity falls under the umbrella of YinKe Holding, a technology conglomerate with a focus on the healthcare sector.
YinKe Holding has successfully raised tens of millions of renminbi in a Series A financing round. The funds raised will be directed towards product research and development, product iteration, and the expansion of commercial applications. The financing round was led by Proxima Ventures, with participation from BGI Co-win, signaling a strong vote of confidence in YinKe Holding’s strategic direction and growth potential within the healthcare technology space.
This merger and the subsequent funding round are expected to bolster the combined entity’s capabilities in the medical materials sector, enhancing its position to innovate and deliver advanced solutions in healthcare.- Flcube.com
