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MicroTech Medical

Dedicated to helping people with diabetes lead a healthy life 


Company Size

Not Specified

Year Founded

Not Specified


About MicroTech Medical

Established in 2011, MicroTech Medical is located in the Hangzhou Future Sci-Tech City, which is the leading venture technology park in Hangzhou. Shortly after, the US R&D center was established in California’s Silicon Valley.

MicroTech’s management and technical teams were recruited from all over the world, with the majority of the group having post-secondary, graduate and/or post-graduate university degrees as well as extensive experience in medical technology.

MicroTech’s certifications include regulatory approvals for CE and CFDA, as well as product conformity to ISO 15197:2015 (BGMS products) and IEC 60601-2-24 (pump therapy products). In 2013, the government designated MicroTech as Lead Diabetes Research Center in Zhejiang Province.

MicroTech Medical is devoted to innovation in chronic disease management, and strives to bring to market healthcare products globally. The company’s portfolio includes therapy products such as the Equil Patch Insulin Pump and diagnostic products such as the AiDEX Continuous Glucose Monitoring System (CGMS), multiple lines of Blood Glucose Monitoring Systems (BGMS), and POCT products.

With the help this line of products, MicroTech Medical continues to allow more freedom, flexibility, and choice to those who are limited by chronic disease.

Financials Beta

Business Model: Not Specified

Revenues: $44 Million - $132 Million / year

Expenses: $44 Million - $132 Million / year

Debt: Request

Operating Status: Active

Funding Raised: $156 Million

Investment Rounds: 4 Rounds

Funding Stage: Series D

Last Funding Date: Series D


Investors

Tencent

A world-leading internet and technology company that develops innovative products and services to improve the quality of life of people around the world.

Qiming Venture Partners

A top-tier VC firm with outstanding reputation.


Funding Rounds

Funding

$156 Million

Funding Rounds

4 rounds

D

$88,000,000

Series D Round

Late Stage

Dec 2020

Tencent LogoQiming Venture Partners Logo
C

$30,000,000

Series C Round

Growth Stage

Dec 2018

Qiming Venture Partners Logo
B

$13,000,000

Series B Round

Growth Stage

Jan 2017

Qiming Venture Partners Logo
A

$25,000,000

Series A Round

Early Stage

Feb 2016

Qiming Venture Partners Logo

Frequently Asked Questions

What industry is MicroTech Medical in?

MicroTech Medical is in the Healthcare, Mobile, Hardware & IoT, and Software/Internet industry.

Is MicroTech Medical currently hiring?

No, MicroTech Medical is currently not hiring.

Visit MicroTech Medical's Jobs Page to stay updated with any upcoming open positions.

Which country is MicroTech Medical headquartered in?

MicroTech Medical is based in China.

How much funding has MicroTech Medical raised to date?

MicroTech Medical has raised USD$156 Million in funding over 4 rounds. Their most recent round was a Series D round.

Who are MicroTech Medical's investors?

MicroTech Medical has 2 investors. They are:
  • Tencent
  • Qiming Venture Partners

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