When was Weimu Medical founded?

Weimu Medical was founded in 2021 and raised its 1st funding round 2 years after it was founded.

Where is Weimu Medical located?

Weimu Medical is headquartered in Shanghai, China.

Is Weimu Medical a funded company?

Weimu Medical is a funded company, having raised a total of $***** in its 1st and only funding round, a Series B round on Dec 06, 2023.

When was the latest funding round of Weimu Medical?

Weimu Medical's latest funding was a $***** Series B round on Dec 06, 2023, with participation from 4 investors.

Where does Weimu Medical rank among its competitors?

Weimu Medical ranks 21st amongst 66 active competitors, of which 4 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Weimu Medical, which secured $14M in Dec, 2023.

Who are the top competitors of Weimu Medical?

Weimu Medical's top competitors include Lumenis, Solta and Cartessa Aesthetics. Among them, Weimu Medical secured the most recent funding round in December, 2023.

Weimu Medical - 2026 Company Profile, Funding & Competitors

Company Details

Developer of interventional medical devices for various health conditions. The company develops high-end interventional medical devices based on innovative materials, focusing on oncology, medical aesthetics, pan-vascular intervention and other fields, including various medical microspheres and expansion devices, liquid glues, hydrogels, etc.

Key Metrics

Founded Year

2021

Location

Shanghai, China

Stage

Series B

Total Funding

$14M in 1 round

Latest Funding Round

Series B, Dec 06, 2023, $*****

Investors

beitani.com & 4 more

Ranked

21^st among 66 active competitors

Similar Companies

Lumenis & 81 more

View Weimu Medical's full profile

Weimu Medical has raised a total funding of $14M over 1 round. Its latest funding round was a Series B round on Dec 06, 2023 for $*****. 4 investors participated in its latest round. Weimu Medical has 5 institutional investors.

Here is the list of recent funding rounds of Weimu Medical:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 06, 2023	5648836	Series B	7049038	2544127	3380569	9147582

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Top competitors of Weimu Medical include Lumenis, Solta and Cartessa Aesthetics. Here is the list of Top 10 competitors of Weimu Medical, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Lumenis 1973, Yokneam Illit (Israel), Acquired	Minimally-invasive clinical solutions for the Surgical, Ophthalmology and Aesthetic markets	$135M	Goldman Sachs, Agate & 5 others	63/100
2nd	Solta 1995, Hayward (United States), Acquired	Range of aesthetic products	-	EW Healthcare Partners, The Gramercy Fund ... & 8 others	58/100
3rd	Cartessa Aesthetics 2017, New York City (United States), Seed	Innovative aesthetic devices maximizing practice potential with cutting-edge technology and treatment options	$60M	PennantPark, Copley Equity Partners	56/100
4th	Venus 2002, Toronto (Canada), Public	Developer of medical aesthetic devices for clinics	$47.2M	EW Healthcare Partners, Longitude Capital ... & 7 others	56/100
5th	Candela Medical 1970, Amsterdam (Netherlands), Acquired	Developer of multiple medical device for dermatological health	-	-	54/100
6th	Cutera 1998, Brisbane (United States), Public	Developer of energy-based medical aesthetic devices for the treatment of multiple diseases	-	Alta Partners, MedVenture Associates	53/100
7th	Alma Lasers 1980, Buffalo Grove (United States), Acquired	Innovative medical aesthetic laser solutions for skin, body, hair, and wellness	-	-	50/100
8th	InMode Aesthetic Solutions 2008, Lake Forest (United States), Public	Develops a portfolio of aesthetic solutions	-	HTIF, TR Ventures	49/100
9th	Aesthetic Management Partners 1996, Tustin (United States), Unfunded	Medical aesthetics equipment, products, and supplies for optimal skin and hair	-	-	47/100
10th	Strate Skin Sciences 1989, Horsham (United States), Public	Developer of medical devices to treat skin diseases	-	Accelmed, Broadfin Capital & 2 others	47/100
21st	Weimu Medical 2021, Shanghai (China), Series B	Developer of interventional medical devices for various health conditions	$14M	IDG Capital, Shanghai Shengyu Equity Investment Fund Management ... & 3 others	29/100