Vapo Health Raised Millions of Dollars in Series A Funding

According to Pencilnews, Vapo Health has completed the Series A financing of millions of dollars led by CCB International (Holdings) Ltd. (CCB International). Das Capital acted as the financial adviser for this funding round. Previously, the company has received 0.7 million dollars in angel round financing from Shenzhen Capital Group co., Ltd. (Shenzhen Capital Group), and Kunshan Industrial Technology Research Institute.

Vapo Health is a respiratory system healthcare device developer that uses nano-scale atomized micro-hole technology to ensure stable drug and particle power efficiency and provides users with atomization treatment services. Products include atomizer series, aerosol tank series, body temperature measurement series, intelligent breathing trainer, etc., as well as OEM and ODM services.

It is said that after the first new product was released one year ago, Vapo Health became the supplier of the top three dealers respectively in Germany and Italy, and now its products have been exported to 14 countries and regions, especially the European and American markets.

As for the domestic market, Vapo Health has received the order of "Miui Youpin" and the relevant product was launched in October last year. Now the two companies have established stable cooperation. Besides, the equipment for domestic hospital atomization rooms developed by Vapo Health has been used in more than 220 hospitals nationwide, including 58 third-class hospitals.

CCB International (Holdings) Limited and its subsidiaries (CCB International) is an investment services flagship which is owned by China Construction Bank Corporation ("CCB"). Its core business is divided into three main areas, namely Pre-IPO, IPO and Post-IPO which in turn form a comprehensive investment services value chain that offers a full range of products, and services including sponsoring and underwriting, financial advisory, corporate mergers and acquisitions and restructuring, additional issuance and placement of shares and refinancing for listed companies, direct investment, asset management, securities brokerage, market research, investment consultancy, etc.

Das Capital is a boutique investment bank providing private placement, mergers & acquisitions, and secondary transaction advisory services in lifestyle and technology sectors. The team has extensive buy & sell sidetrack records, and experience in leading PE/VCs, investment banks, publicly listed companies, global consulting firms, etc. The cumulative investment and financing amount exceed 709 million dollars. Das Capital provides the construct strategies for clients with the following modules: market, customers, value chain and competitors. It also provides holistic advice regarding capital markets and strategies.