Receive our newsletter – data, insights and analysis delivered to you
  1. Deals Analysis
August 20, 2021

Medical Devices industry venture financing deals total $474.9m in China in July 2021

Total medical devices industry venture financing deals worth $474.9m were announced in China in July 2021, led by $139.1m venture financing of Beijing Infervision Technology, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

The value marked an increase of 14.5% over the previous month of $414.97m and a rise of 28.05% when compared with the last 12-month average of $370.9m.

China held a 19.23% share of the global medical devices industry venture financing deal value that totalled $2.47bn in July 2021.

In terms of venture financing deal activity, China recorded 35 deals during July 2021, marking an increase of 150.00% over the previous month and a rise of 66.67% over the 12-month average.

Content from our partners
Why this global life sciences COO believes relocation to Charleston, SC, was key to achieving next-level success
“This technique means everything to us”: How CGM devices empower users 
Ensuring quality and supply chain visibility for medical device components

China medical devices industry venture financing deals in July 2021: Top deals

The top five medical devices industry venture financing deals accounted for 66.2% of the overall value during July 2021.

The combined value of the top five medical devices venture financing deals stood at $314.23m, against the overall value of $474.9m recorded for the month.

The top five medical devices industry venture financing deals of July 2021 tracked by GlobalData were:

1) Beijing Infervision Technology $139.1m venture financing deal with CCB Trust,Chinese Fund of Funds (FOF),Goldman Sachs Asset Management,Springhill Fund,TopoScend Capital and Zhongguancun M&A Fund

2) The $116m venture financing of Geneplus Beijing by Baidu Ventures,CCB International Holdings,GGV Capital and Jinmao Capital Investment

3) Shaanxi Lifegen $23.65m venture financing deal with Xi’an Cooperative Development Fund

4) The $15.47m venture financing of Hangzhou Huijian Technology by Hetang Venture Capital,Jiyang Talent Fund,Leiyu Capital,Longmen Capital and Tianhui Capital

5) Shenzhen tooth leading technology $20m venture financing deal with Sequoia Capital China Fund

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The medical device industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy