Scientech Medical Valuation, Funding & Investors

Scientech Medical is valued at $1B as of May 2021.

Last Scientech Medical valuation

$1B

Series A · May 2021

Last Scientech Medical funding round

$95M

Series A · May 2021

Cumulative funding Scientech Medical raised

$95M

across 1 funding round

Key investors in Scientech Medical

  • HSG
  • CDH Investments
  • Vivo Capital
  • Shanghai Biomedical Industrial Equity Investment Fund

Scientech Medical Overview

About Scientech Medical

Shanghai-based Scientech Medical is a manufacturer of interventional cardiology and radiology devices. The company produces guidewires, catheters, and delivery systems used in percutaneous procedures for vascular access and stent deployment. Products feature hydrophilic coatings and radiopaque markers for enhanced navigation in angioplasty and embolization. Scientech supplies hospitals and clinics throughout China and exports to Southeast Asia markets.


Founded

1994

HQ

ChinaShanghai

Website

shsma.com

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Valuation

$1B (May 2021)

Scientech Medical Valuation

Scientech Medical is currently valued at $1B, based on its Series A in May 2021. Read the announcement ↗

The $95M round included Vivo Capital, Shanghai Biomedical Industrial Equity Investment Fund, HSG and CDH Investments.

Scientech Medical valuation by funding round

Scientech Medical valuation by funding round
DateStageValuation
May 2021Series A$1B

Scientech Medical Funding History

Scientech Medical has raised a total of $95M across 1 funding round.

Scientech Medical funding rounds

Scientech Medical funding rounds
DateStageInvestorsRaisedValuationDeal Summary
May 2021Series AVivo Capital; Shanghai Biomedical Industrial Equity Investment Fund; HSG; CDH Investments$95M$1BVivo Capital led a capital increase in Lepu Scientech Medical Technology (Shanghai), known as Scientech Medical, in May 2021. CDH Investments, through CDH Supermatrix, and the Shanghai Biomedical Industry Equity Investment Fund took part, and Sequoia Capital China also invested in the round. Parent company Lepu Medical announced on 31 May 2021 that it would waive its pre-emption right, and that the raise of up to USD 95.18 million was priced on a pre-investment valuation of USD 950 million. After the round Lepu Medical and its affiliate were to hold at least 86.34% of the company, which remained a controlled subsidiary. Scientech Medical develops, manufactures and sells interventional medical devices for structural heart disease, led by its ventricular septal defect occluder, with aortic valve replacement and mitral valve repair systems in development. The company is based in Songjiang, Shanghai and reported 2020 revenue of about RMB 148 million. It listed in Hong Kong in November 2022.

Who has invested in Scientech Medical?

4 investors have backed Scientech Medical across its funding rounds, including HSG, CDH Investments, Vivo Capital and Shanghai Biomedical Industrial Equity Investment Fund.


Scientech Medical Investors

Investors in Scientech Medical by funding rounds participated
InvestorHQRoundsRoleFirst check
Vivo CapitalUnited StatesPalo Alto1ParticipantMay 2021
Shanghai Biomedical Industrial Equity Investment FundChinaGuangzhou1ParticipantMay 2021

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Scientech Medical Competitors

Scientech Medical competitors include listed companies like 4DMedical and SEEGENE, and private ones like Scivita Medical Technology, BenevolentAI, Cornerstone Robotics and Dental Monitoring.

Public and private companies comparable to Scientech Medical
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Scivita Medical TechnologyChinaSuzhouPrivate--$1.1B-
BenevolentAIUnited KingdomLondonPrivate$10M-$1B100.0x
Cornerstone RoboticsHong KongHong KongPrivate--$1B-
Dental MonitoringFranceParisPrivate$91M-$1B-
4DMedicalAustraliaAustraliaPublicly listed$5M($142M)$1.1B96.9x
SEEGENESouth KoreaSouth KoreaPublicly listed$354M$88M$1.1B2.0x

Scientech Medical Public Comps

Scientech Medical is still privately-owned, but its public comps include CeriBell, Integra Lifesciences, iRadimed, 4DMedical, Wandong Medical, SEEGENE, PROCEPT BioRobotics, Kuros Biosciences, Alphatec Holdings and QuidelOrtho.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
CeriBell$89M($50M)10.2x8.2x(18.2x)(17.1x)
Integra Lifesciences$1.6B($344M)0.6x0.6x(2.9x)3.1x
iRadimed$84M$28M10.9x10.1x33.3x28.5x
4DMedical$5M($142M)172.6x96.9x(6.0x)(16.3x)
Wandong Medical$203M($46M)3.2x2.8x(14.0x)-
SEEGENE$354M$88M2.2x2.0x9.1x7.2x
PROCEPT BioRobotics$308M($98M)3.1x2.5x(9.7x)(26.0x)
Kuros Biosciences$146M$9M6.8x5.1x115.3x41.0x

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Common questions about Scientech Medical

When was Scientech Medical founded?Scientech Medical was founded in 1994.
Where is Scientech Medical headquartered?Scientech Medical is headquartered in Shanghai, China.
Is Scientech Medical publicly listed?No, Scientech Medical is a private, VC-backed company.
What is Scientech Medical's valuation?Scientech Medical was last valued at $1B in its Series A in May 2021.
How much funding has Scientech Medical raised?Scientech Medical has raised $95M across 1 funding round.
What was Scientech Medical's last funding round?Scientech Medical's last funding round was a $95M Series A in May 2021.
Who are Scientech Medical's investors?Scientech Medical's investors include Vivo Capital, Shanghai Biomedical Industrial Equity Investment Fund, HSG and CDH Investments.
Which companies are comparable to Scientech Medical?Companies comparable to Scientech Medical include Scivita Medical Technology, BenevolentAI, Cornerstone Robotics, Dental Monitoring, 4DMedical and SEEGENE.

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