# MicroApproach

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

- Industry: Medical Devices & Equipment
- Headquarters: Shenzhen, China
- Website: www.microapproachmed.com
- Total disclosed funding: $1.6M
- Latest round: Series B (Feb 8, 2021)
- Investors on record: 3

## About

MicroApproach is a Shenzhen-based company specializing in the development and manufacturing of interventional medical devices, including guide wires and catheters for vascular and non-vascular procedures.Founded in 2015 in Shenzhen, China, Shenzhen Microapproach Medical Technology Co., Ltd. focuses on the research and production of interventional medical devices. The company has raised a total of CNY 10.000 mn from 3 deals, with the latest funding round being a Series A of CNY 10.000 mn from Fortune Capital on February 8, 2021.Shenzhen Microapproach Medical Technology Co., Ltd. focuses on the research, development, production, and sales of interventional medical devices, specializing in high-value consumables like guide wires and catheters for various medical applications. Their automated production lines ensure quality and consistency, serving hospitals and healthcare professionals globally, particularly in Japan and Southeast Asia.Shenzhen Microapproach Medical Technology Co., Ltd. generates revenue through direct sales of its interventional medical devices, primarily operating on a B2B model that involves large orders of its flagship products. Revenue is structured through pricing agreements that may include volume discounts, fostering long-term partnerships with healthcare organizations.MicroApproach aims to enhance its product line by launching new interventional medical devices in the coming year, targeting enhanced functionality and market needs. The company plans to expand into Japan and Southeast Asia by 2023, utilizing the recent Series A funding to support product development and market entry strategies.

## Funding rounds

- Series B, Feb 8, 2021 — Neovision Capital
- Series B, Oct 13, 2020 — Sunz Fund
- Series A, Feb 13, 2018, $1.6M — Fortune Capital

## Investors

- Fortune Capital — Series A
- Sunz Fund (https://capitalatlas.ai/funds/sunz-fund) — Series B
- Neovision Capital (https://capitalatlas.ai/funds/neovision-capital) — Series B