MedInTech - About the company
MedInTech is a series B company based in Hanam si (South Korea), founded in 2020. It operates as a Developer of medical device technologies. MedInTech has raised $21.2M in funding from investors like Atinum Investment, FuturePlay and Smile Gate Investment. The company has 456 active competitors, including 153 funded and 48 that have exited. Its top competitors include companies like Intuitive, PROCEPT BioRobotics and Medical Microinstruments.
Company Details
Developer of medical device technologies. The company focuses on research and development, bringing innovative medical devices to market. Its expertise lies in the creation and enhancement of medical technology, contributing to advancements in healthcare. It feature anomaly detection and lesion identification software based on artificial intelligence, aimed at enhancing diagnostic accuracy and eliminate misdiagnosis.
- Website
- en.medintech.co.kr
- Email ID
- *****@medintech.co.kr
- Phone Number
- +81 **********
Key Metrics
Founded Year
2020
Location
Hanam si, South Korea
Stage
Series B
Total Funding
$21.2M in 2 rounds
Latest Funding Round
Investors
Ranked
42nd among 456 active competitors
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MedInTech's funding and investors
MedInTech has raised a total funding of $21.2M over 2 rounds. Its first funding round was on Feb 14, 2022. Its latest funding round was a Series B round on May 13, 2024 for $*****. 9 investors participated in its latest round. MedInTech has 9 institutional investors.
Here is the list of recent funding rounds of MedInTech:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 13, 2024 | 2682067 | Series B | 1969694 | 9295986 | 9560140 | 6120696 |
Feb 14, 2022 | 4889809 | Series A | 2578700 | 9725382 | 9648558 |
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MedInTech's Competitors and alternates
Top competitors of MedInTech include Intuitive, PROCEPT BioRobotics and Medical Microinstruments. Here is the list of Top 10 competitors of MedInTech, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Intuitive 1995, Sunnyvale (United States), Public | Developer of robotic-assisted surgical systems | $22M | 78/100 | |
2nd | PROCEPT BioRobotics 2009, Redwood City (United States), Public | Developer of a therapeutic device for benign prostatic hyperplasia | $349M | 72/100 | |
3rd |  Medical Microinstruments 2015, Calci (Italy), Series D | Provider of robotic platform using micro instruments for surgery | $354M | 68/100 | |
4th |  CMR Surgical 2014, Cambridge (United Kingdom), Series E | Developer of modular robotic systems for minimal access surgical procedures | $1.68B | 67/100 | |
5th | Developer of robotic solutions to treat cardiovascular diseases | $57.9M | 63/100 | ||
6th | eCential Robotics 2009, Gieres (France), Series C | Developer of a unified and scalable robotic surgery platform for bone surgery | $137M | 65/100 | |
7th | Stereotaxis 1990, St. Louis (United States), Public | Surgical robotics company advancing minimally invasive endovascular intervention for improved patient care | $52M | 64/100 | |
8th |  SS Innovations International 2015, Gurugram (India), Seed | Developer of healthcare professional robots | $2.45M | 63/100 | |
9th | Levita Magnetics 2011, San Mateo (United States), Series D | Developer of robotic surgical devices | $57.7M | 62/100 | |
10th | Vicarious Surgical 2014, Boston (United States), Public | Provider of VR-based surgical robotic system for physicians | $43.2M | 62/100 | |
42nd |  MedInTech 2020, Hanam si (South Korea), Series B | Developer of medical device technologies | $21.2M | 51/100 |
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MedInTech's Investments and acquisitions
MedInTech has made no investments or acquisitions yet.
Reports related to MedInTech
Here is the latest report on MedInTech's sector:
News related to MedInTech
Media has covered MedInTech for 1 event in last 1 year.
•
MediIntech changed the 100% manual endoscope… Selected as the only medical robot ‘Unicorn Bridge’Venture Square•Jun 29, 2026•MedInTech
•
•
Smart endoscope development startup Mediintech attracts 8 billion series A investmentFeb 14, 2022•MedInTech
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