Young More nets tens of millions of yuan in strategic financing from Autek & Netac

Young More has completed tens of millions of yuan in a strategic financing jointly invested by Autek China (300595.SZ), a listed company in the ophthalmology field, and Shenzhen Netac Technology. WinX Capital served as the sole financial advisor for the round, as well as a long-term capital advisor for the company.

Young More has completed tens of millions of yuan in a strategic financing jointly invested by Autek China (300595.SZ), a listed company in the ophthalmology field, and Shenzhen Netac Technology. WinX Capital served as the sole financial advisor for the round, as well as a long-term capital advisor for the company.

Established in 2017, Young More is a developer of intelligent eye care products intended for myopia prevention and control. The company develops myopia prevention and control robots that monitor and remind users when they spend much time watching TV or playing on the smart phone, enabling users to prevent myopia and dry eyes.

The founding team of Young More includes experts in the field of ophthalmology and the former health intelligent hardware R&D executives from Huawei, which cover multiple disciplines such as materials, optics, machinery, intelligent algorithms and clinical medicine, focusing on the development of intelligent eye care products.

At present, Young More has multiple product lines and services such as myopia prevention and control, dry eye protection, eye intervention reminders for mobile phones and tablets, and an intelligent APP platform.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/21/young-more-nets-tens-of-millions-of-yuan-in-strategic-financing-from-autek-netac/.

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