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AI medical imaging company Shentou Medical completed tens of millions of dollars in Series B financing

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  AI medical imaging company Shentou Medical announced that it has completed tens of millions of dollars in Series B financing, led by Zhongding Capital, jointly led by Primavera Ventures, Fusion Fund, Materia Medica Capital, Rongquan Capital, Datai Capital, and European medical fund Crista Galli Ventures, Catchlight Capital, etc. jointly participated, and most of the old shareholders followed up with the excessive additional investment.High precision customized CNC machining services uk

It is reported that this financing will be used to accelerate the layout of the Chinese market and the commercialization of the global market, further develop technology, serve domestic and foreign customers, and complete the multi-product matrix to accelerate the implementation of R&D.

Shentou Medical has an AI+ medical image enhancement and acceleration product line approved by FDA, CE, and China NMPA, providing medical imaging AI solutions that reduce costs and increase efficiency, and continue to expand the product line and market based on the global patented technology deployed since 2017. High precision customized CNC machining services uk

At present, Shentou medical products have accelerated the strategic advancement in various markets such as China, the United States, and Europe, and have completed deployment in more than 400 medical institutions and imaging centers around the world. Before the announcement of this financing, Shentou Medical has received three rounds of financing. Among them, Shentou Medical’s last round of A-round financing of US$12.2 million was completed at the end of 2020, led by Materia Medica Capital.

In 2021, Shentou Medical will achieve a revenue growth of 400%; in 2022, the annual order volume will be close to 100 million yuan. Gong Enhao, the founder and CEO of Shentou Medical, introduced that Shentou Medical has implemented various business forms around the world, realizing the continuous charging and regular payment of the SaaS subscription system for imaging AI products. High precision customized CNC machining services uk。

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