Feitu Imaging Secures Tens of Millions in Series A+ Funding to Accelerate Digital Medical Imaging Ecosystem Development

VCBeat has learned that in December 2022, Zhejiang Feitu Medical Imaging Technology Co., Ltd. (hereinafter referred to as “Feitu Medical Imaging”) secured tens of millions of yuan in Series A+ financing, with Yichun State-owned Capital Investment and Operation Group Co., Ltd. (hereinafter referred to as “Yichun State Investment”) as the investor. Reportedly, the funds from this round will be primarily used to increase investment in product research and development and technology, strengthen market expansion and business operations, and deepen its core layout in the digital cloud imaging industry.

Established in 2017, FEITU MEDICAL IMAGING is a national high-tech enterprise dedicated to medical imaging data management, data circulation, and data application. By innovatively integrating technologies such as cloud computing and big data with medical imaging science, the company has formed a “one body, two wings” development model, with data application as the core and scientific research and education as the two supporting pillars. It builds a “Professional Imaging Cloud + AI Application Platform” to serve all medical scenarios and entire processes, thereby constructing an ecosystem for digital medical imaging applications.

As a typical enterprise recognized as “Specialized, Refined, Distinctive, and Innovative” and a pioneer in the new model of digital empowerment, FEITU MEDICAL IMAGING currently holds over 200 intellectual property rights and various qualification certifications. It has successfully established more than 20 regional platforms across China, covering over 1,200 hospitals.

Chairman of FEITU MEDICAL IMAGING,General ManagerHu Lirong stated, “We are deeply grateful to our investors for their trust and support. The company places great emphasis on professional expertise, innovative R&D capabilities, and a closed-loop commercialization process, while upholding the core values of integrity, service, professionalism, and innovation.”With the vision of becoming a global leader in the cloud medical imaging industry and fulfilling its mission to make professional cloud imaging accessible to everyone, it has gained recognition from numerous investment institutions.Following this round of financing, we will further increase R&D investment and recruit specialized technical talent. With the support of state-owned investment institutions in this round, we are confident in accelerating the completion of our “one body, two wings” ecosystem layout for digital imaging.

Ding Liqing, Party Secretary and Chairman of Yichun State-owned Investment Group, stated: “As a high-tech enterprise integrating medical imaging ‘data management, data circulation, and data application,’ FEITU MEDICAL IMAGING has expanded its business nationwide, laying a solid foundation for big data applications. Its benefits to the public, healthcare providers, and the government have been widely recognized, achieving a unity of corporate social responsibility and economic benefits, which is highly valuable. Yichun State-owned Investment Group is optimistic about FEITU MEDICAL IMAGING’s growth space and potential, as well as the direction of the digital economy industry. We are willing to join hands with FEITU MEDICAL IMAGING to make due contributions to national health and the national strategy for the development of the digital economy industry.”

Cai Wei, Chairman of Leiyu Capital, extended warm congratulations on the signing. He stated that this agreement signifies that FEITU MEDICAL IMAGING’s comprehensive strength and development potential have been recognized by state-owned capital. He expressed confidence that the investment from Yichun State-owned Investment Group will bring new growth opportunities and spaces for FEITU MEDICAL IMAGING. As the largest external shareholder since the angel round, he feels gratified to see the investment value of FEITU MEDICAL IMAGING increasingly affirmed. He hopes that more like-minded partners who share this positive outlook will join in the future, working together to establish FEITU MEDICAL IMAGING as a classic industry benchmark and a vibrant model.