3N Tech Secures RMB 100 Million+ Series A Funding Led by Panlin Capital and Hainan Jinming to Advance Ophthalmic Care Innovation

PE Daily (ID: pedaily2012), July 27:Recently, 3N Tech announced the completion of a financing round led byPanlin CapitalLead Investor、Hainan JinmingIn this Series A funding round of over 100 million RMB, co-invested by the investors, Wanshi Capital served as the exclusive financial advisor. The proceeds will be utilized to drive continuous technological innovation, launch iterative products to cover more application scenarios, and strengthen brand promotion and expand into overseas markets.

Founded in 2015, 3N Tech is a biotechnology company integrating the research and development, manufacturing, and sales of contact lens care technologies and products. Contact lenses are classified into soft contact lenses (cosmetic contact lenses and clear contact lenses) and rigid contact lenses (including orthokeratology lenses and RGP lenses, etc.), catering to a broad base of wearers.

3N Tech launched its first-generation contact lens care device in late 2017, continuously improving and enhancing its product functions. Currently, the latest 5.0-generation product has increased the effective removal rate of protein deposits to 99%. Following rapid development, the company's cumulative shipments of contact lens care devices have exceeded 700,000 units, serving nearly 500,000 users.Following its product line of contact lens care devices, the company is developing and preparing to launch an Ortho-K lens care device. Ortho-K lens wear is widely recognized by experts as an effective method for adolescent myopia control, and has obtained official approval from both the US FDA and China's NMPA.

Sun Zhifan, Founder and CEO of 3N Techstated, "3N Tech is committed to creating a safe and healthy environment for contact lens wearers. Starting with our products, we aim to help more users recognize that proper contact lens care is closely linked to ocular health. In the future, we will also drive the establishment of a mature and comprehensive integrated system for contact lens fitting, care, and services, fostering a more robust industry ecosystem. We hope that through continuous technological innovation and self-driven reform, we will consistently launch more user-centric and functionally advanced products, allowing 3N's products to accompany every contact lens wearer and enabling everyone to see the world clearly."

Panlin CapitalPartnerLiu Yuhengstated, "Contact lenses belong to the rapidly developing optometry sector, are associated with three major consumer demographics—vision correction, adolescent myopia control, and female cosmetics—and are characterized by a large population base and clear growth trends. Contact lens care equipment belongs toYu QiangThe related market is experiencing rapid growth alongside the contact lens market. Due to the time-consuming and cumbersome nature of traditional manual cleaning, as well as its suboptimal protein-removal efficacy, contact lens care devices are innovative products that typically cater to the demand scenarios of the "lazy economy." 3N Tech is the category definer for contact lens care equipment. Historical operational data has already strongly validated the market demand and product positioning, making it one of the rare products that possess both "consumer" and "medical" attributes.Innovative TechnologyCompany. Panlin Capital is optimistic about the future development of 3N Tech and is willing to support the company in deeply cultivating the optometry and vision care sector, continuously innovating and improving its products, and making sustained contributions to the ocular health of contact lens wearers."