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- Scientech Medical
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
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
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Valuation
$1B (May 2021)
Sectors
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
| Date | Stage | Valuation |
|---|---|---|
| May 2021 | Series A | $1B |
Scientech Medical Funding History
Scientech Medical has raised a total of $95M across 1 funding round.
Scientech Medical funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| May 2021 | Series A | Vivo Capital; Shanghai Biomedical Industrial Equity Investment Fund; HSG; CDH Investments | $95M | $1B | Vivo 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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | May 2021 | ||
| 1 | Participant | May 2021 | ||
This data is available for Pro users. Sign up to see all 4 Scientech Medical investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialScientech 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.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1.1B | - | ||
| Private | $10M | - | $1B | 100.0x | ||
| Private | - | - | $1B | - | ||
| Private | $91M | - | $1B | - | ||
| Publicly listed | $5M | ($142M) | $1.1B | 96.9x | ||
| Publicly listed | $354M | $88M | $1.1B | 2.0x |
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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $89M | ($50M) | 10.2x | 8.2x | (18.2x) | (17.1x) | |||
| $1.6B | ($344M) | 0.6x | 0.6x | (2.9x) | 3.1x | |||
| $84M | $28M | 10.9x | 10.1x | 33.3x | 28.5x | |||
| $5M | ($142M) | 172.6x | 96.9x | (6.0x) | (16.3x) | |||
| $203M | ($46M) | 3.2x | 2.8x | (14.0x) | - | |||
| $354M | $88M | 2.2x | 2.0x | 9.1x | 7.2x | |||
| $308M | ($98M) | 3.1x | 2.5x | (9.7x) | (26.0x) | |||
| $146M | $9M | 6.8x | 5.1x | 115.3x | 41.0x | |||
This data is available for Pro users. Sign up to see all Scientech Medical competitors and their valuation data. Start Free Trial | ||||||||
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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