Kangyan Information closes RMB5m angel round

On July 29, Kangyan Information has raised five million yuan in an angel round of financing from investors with a background in pharmaceutical equipment companies.

On July 29, Kangyan Information has raised five million yuan in an angel round of financing from investors with a background in pharmaceutical equipment companies.

After completing this round of financing, Kanyan Information will continue to expand its product research and development as well as promotion.

Kangyan Information is a startup company dedicated to the development, manufacture and supply of salt therapy devices that improve patients’ respiratory diseases through dry salt aerosol microenvironments. Its core products are salt therapy related products, salt therapy machines and salt houses.

Kangyan’s products can create a microclimatic environment similar to a salt mine cave to provide non-pharmaceutical treatment to patients.

In the meantime, the company has built a respiratory health management platform by means of Internet of Things to strengthen the efficacy tracking and service for patients with chronic respiratory diseases.

Kangyan Information’s revenue in 2019 exceeded seven million yuan and net profit reached 30%, with 400,000 DSI oral and nasal inhalers sold worldwide and 100,000 in domestic market. The home-use salt therapy machine will also be available to the market this year.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/08/02/kangyan-information-closes-rmb5m-angel-round/.

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