# Giant Med

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/giant-med

- Industry: Medical Devices & Equipment
- Headquarters: Beijing, China
- Total disclosed funding: $14M
- Latest round: Series A (Aug 10, 2024)
- Investors on record: 3

## About

Based in Beijing, China and founded in 2022, Giant Med is an ophthalmology group company that focuses on providing medical testing services and ophthalmic precision diagnostic and treatment products. It was founded by Dr. Yong Tao and has a subsidiary, named as Zhi De Ming Chuang. The company's headquarters and laboratories are located in Beijing, and it has a research and development department in Wuxi. The frim acquired the honorary title of Ophthalmology Science and Technology Progress. In August 2024, it raised approximately CNY 100 million in series A funding.

The company focuses on the field of ophthalmology and provides medical testing services. Its services have covered more than 1100 hospitals across the country. Its subsidiary Zhide Mingchuang, mainly develops and produces ophthalmic diagnostic reagents, Its products are divided into four product lines: immunodiagnosis, molecular diagnosis, medical devices and core proteins, including monkeypox antigen detection kit, human cytomegalovirus nucleic acid detection kit, single chemiluminescent immunoassay analyzer, mouse anti-human IgE monoclonal antibody and other products.

The company generates revenue by developing and selling ophthalmic diagnostic reagents, medical devices and drugs.

The company will use the series A funding to build a smart eye liquid composition analysis workstation and develop a home self-test eye disease self-test card.

## Funding rounds

- Series A, Aug 10, 2024, $14M — Beijing State-owned Capital Operation and Management, Shunxi Fund, Shunchuang Industrial Investment

## Investors

- Beijing State-owned Capital Operation and Management (https://capitalatlas.ai/funds/beijing-state-owned-capital-operation-and-management) — Series A
- Shunxi Fund (https://capitalatlas.ai/funds/shunxi-fund) — Series A
- Shunchuang Industrial Investment (https://capitalatlas.ai/funds/shunchuang-industrial-investment) — Series A