China’s Medical Equipment Developer Peijia Medical Raised $100 Million in a Series C Round Funding

China’s medical equipment developer Peijia Medical raised $100 million in a series C round funding made by Grand Flight Investment, SDIC Fund, Chengtong Fund Management, Matrix Partner China, and Lily Asia. Haoyue Capital was the exclusive financial adviser of the investment the use of which was not disclosed.

Established in 2012, Peijia Medical focuses on R&D and manufacturing of high value medical devices for heart valve diseases.