Home Just Medical Completed 100 Million Yuan A Round of Financing

Just Medical Completed 100 Million Yuan A Round of Financing

CST Updated Sep 05, 2019 14:43

On September 1, medical device company Just Medical completed 100 million yuan A round of financing. This round of financing was led by Bio Venture, followed by Boyi Investment Fund, Huajin Fund, LYFE Capital, and Fangyuan Fund.

 

Just Medical will use the funding to improve products and expand team size.

 

Just Medical is an orthopedic medical device manufacturer focused on the research and development of patented medical materials in the field of orthopedics. The products of Just Medical includes artificial hip joint, artificial knee joint, trauma internal fixation products, spinal internal fixation products, and orthopedic surgical instruments.

 

"Just Medical focuses on independent research and development, and its products are safe and effective. We are optimistic about Just medical's innovation ability and enterprise development. With the support of this round of financing, Just Medical can continue to improve products, expand team size and become a leader in the field of artificial joints. Bio Venture invests in excellent healthcare enterprises with potential, we believe that China's healthcare industry can develop rapidly with the help of these enterprises.” Bio Venture founding partner Chen Jie said.

 

Just medical’s "3D SEE trabecular hip prosthesis system" is a high-end hip prosthesis system. This product is manufactured through 3D printing to achieve excellent bone integration performance, which can improve the long-term survival rate of the prosthesis and meet the needs of doctors and patients.

 

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About Bio Venture

 

Founded in 2013, Bio Venture is a Chinese venture capital firm that offers early and growth-stage investment services.

 

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About Boyi Investment Fund


Founded in 2014, Boyi Investment Fund is an investment fund focused on the pharmaceutical industry.

 

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About Huajin Fund


Founded in 2017, Huajin Fund is an investment fund established by Tianshili capital.


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About LYFE Capital

 

Founded in 2015, LYFE Capital is an investment firm focused on the field of biotechnology, medicine, medical devices, medical diagnosis, medical service, and electronic health.

 

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About Fangyuan Fund


Fangyuan Fund is a subsidiary corporation of Fangyuan Financial Holdings Group.