Artech Med completes a new financing round of tens of millions of yuan

Medical equipment company specializing in the minimally invasive interventional treatment of atrial fibrillation, Artech Med has closes a new financing round raising tens of millions of yuan. The round was led by Anlong Fund, with participation from Tengyun Asset and existing investors Dingxin Capital and Sinopharm Capital.

Medical equipment company specializing in the minimally invasive interventional treatment of atrial fibrillation, Artech Med has closes a new financing round raising tens of millions of yuan. The round was led by Anlong Fund, with participation from Tengyun Asset and existing investors Dingxin Capital and Sinopharm Capital.

Artech Med is a company focused on the development and production of a new generation of minimally invasive interventional medical devices and equipment for atrial fibrillation.

The company’s first product, minimally invasive interventional refrigeration system for atrial fibrillation treatment has entered the clinical trial stage. The product development progress is in leading position in China.

Wu Yuepeng, managing partner of Anlong Fund, the leading investor in this round of financing, commented: From a market perspective, the volume of minimally invasive interventional treatment for atrial fibrillation is the largest in the cardiovascular market segment.

Refrigeration technology has been verified by clinical trials of various global centers,its technical advantages are bound to be promoted on a large scale. From the product level, the refrigeration system has high technical barriers, and has the attributes of high-end equipment and high-value consumables, and sales are easy to make breakthroughs quickly.

We are very optimistic about the execution ability of the Artech team. The start-up team has a strong professional background and rich industry experience in domestic and foreign well-known medical equipment and interventional device manufacturers.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/27/artech-med-completes-a-new-financing-round-of-tens-of-millions-of-yuan/.

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