Monday, 25 October 2021

Scivita Medical raises RMB 0.4 B to build innovative endoscope portfolio

27 April 2021 | News

Series A funding round reflects the recognition of Scivita Medical in the field of endoscope

Photo Credit: ACNnewswire

Photo Credit: ACNnewswire

Scivita Medical Technology Co., Ltd. has announced that it has raised nearly RMB 0.4 Billion in Series A funding round, which has become one of the highest financing projects in the field of endoscope in China in recent years.

The investment was jointly led by GL Ventures and Lilly Asia Ventures, with contribution from Matrix Partners China, Medtronic, Chengwei Capital and Shanghai Innochip Investment.

The successful completion of the Series A funding round reflects the recognition of Scivita Medical in the field of endoscope and the expectation of its future development from the capital market and industrial strategic partners. Scivita Medical will strive to build the world's leading platform for innovative products in endoscope and related fields.

Scivita Medical is a high-tech enterprise engaged in the field of optical diagnosis and treatment, multidimensional images development, high-performance materials research and precision manufacturing with minimally invasive medical treatment.

Scivita Medical's product covers both flexible endoscopy and rigid endoscopy, and has unique advantages in the research and commercialization of all cutting-edge technologies in the field of medical endoscopes. It has ultra-high-definition visualization technology (such as 4K UHD visualization), 3D visualization technology, special light visualization technology (such as fluorescence visualization), ultra-fine endoscopic visualization technology, single-use technology, etc.

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