# Banger Orthopedic Hospital Group Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/banger-orthopedic-hospital-group-co

- Industry: Healthcare
- Headquarters: Hangzhou, China
- Website: www.zjbanger.com
- Total disclosed funding: $171M
- Latest round: Series D (Jan 19, 2021)
- Investors on record: 7

## About

Founded in 2012 and based in Zhejiang, China, Banger Orthopedic Hospital Group Co., Ltd. operates a chain of hospitals that focus on the diagnosis and treatment of orthopedic injury cases. The company's holding operates 18 medical institutions, 15 of which are secondary or tertiary hospitals. By the end of 2020, this company will have more than 4,000 total beds and nearly 35,000 annual surgical procedures. In November 2023, Banger Orthopedic Hospital Group Co., Ltd. raised over CNY 800 million in pre-IPO funding led by new investor Xiamen C&D Emerging Industry Equity Investment.

The company offers medical services that specialize in the diagnosis and treatment of orthopedic injury cases such as hand and foot surgery, traumatology, joint surgery, spine surgery, and rehabilitation medicine. The company is also equipped with 1.5T MRI, 16-64 rows of spiral CT, mobile C-arm surgical X-ray machine, imported color ultrasound, discoscopes, and other medical equipment. In addition, it also offers non-surgical treatment for neck, shoulder, back, and leg pain.

The company will use the pre-IPO funding to advance the construction of digital orthopedics in its orthopedic specialty hospitals, and to expand human resources in the field of orthopedics.

## Funding rounds

- Series D, Jan 19, 2021, $46M — Fortune Capital, Cenova Ventures
- Series C, May 9, 2018, $47M — Qiming Venture Partners
- Series C, Oct 1, 2017, $34M — Qiming Venture Partners
- Series B, Jan 19, 2017, $29M — Eight Roads Ventures, GP Capital, Zhejiang United Investment Group
- Seed, Jan 1, 2015 — F-Prime Capital
- Series A, Oct 1, 2014, $15M — Eight Roads Ventures

## Investors

- Eight Roads Ventures (https://capitalatlas.ai/funds/eight-roads-ventures) — Series A, Series B
- F-Prime Capital (https://capitalatlas.ai/funds/f-prime-capital) — Seed
- GP Capital (https://capitalatlas.ai/funds/gp-capital) — Series B
- Zhejiang United Investment Group — Series B
- Qiming Venture Partners (https://capitalatlas.ai/funds/qiming-venture-partners) — Series C
- Fortune Capital — Series D
- Cenova Ventures (https://capitalatlas.ai/funds/cenova-ventures) — Series D