# Mateside

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mateside

- Industry: Medical Devices & Equipment
- Headquarters: Hangzhou, China
- Website: www.mateside.cn
- Total disclosed funding: $14M
- Latest round: Angel (Aug 28, 2023)
- Investors on record: 3

## About

Established in 2013 and based in Hangzhou, China, is a comprehensive enterprise integrating the research, development and design of rehabilitation aids and medical equipment products. In 2013, the company started from selling medical beds, then set up a branch in Hangzhou in 2017, and now owns a number of branches registered in Hengshui, Hebei and Shenzhen. The company has its own brands "Ruilangde", "Mateside", VOCIC, products covering home rehabilitation aids, medical equipment and smart home. The company owns 33 appearance patents and 26 utility model patents, and in January 2022, it was recognized as a national intelligent healthy aging demonstration enterprise. In August 2023, it closed a round of approximately CNY 100 million angel funding.

The company mainly produces medical equipment, including nursing beds, medical beds, etc. The rest of the products include anti-decubitus air mattresses, carts, bathing chairs, nebulizers and so on, with nearly 300 SKUs for specific products.The company has set up a number of product production lines, and all the above products are self-developed and produced.

## Funding rounds

- Angel, Aug 28, 2023, $14M — Yuanning Capital, Hengxu Capital, Xiangyu Medical Co., Ltd.

## Investors

- Yuanning Capital (https://capitalatlas.ai/funds/yuanning-capital) — Angel
- Hengxu Capital (https://capitalatlas.ai/funds/hengxu-capital) — Angel
- Xiangyu Medical Co., Ltd. — Angel