# Phigine Medical

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/phigine-medical

- Industry: Medical Devices & Equipment
- Headquarters: Jiaxing, China
- Latest round: Series A (Dec 27, 2025)
- Investors on record: 6

## About

Based in Jiaxing, China and founded in 2023, Zhejiang Huanqing Medical Technology Co., Ltd., trading under the name Phigine Medical, is a company that develops cardiovascular circulatory assist products and related assist devices.

In December 2025, Phigine Medical closed series A+ funding from new investors Tian Rui Feng Nian Private Fund and Cui Capital and returning investor Shanghai Zhangke Lingyi Investment Management Co., LTD.

The company provides interventional ventricular assist product (pVAD) which is applied for the treatment of acute heart failure through minimally invasive interventions. It is mainly used for intraprocedural support in high-risk coronary intervention (PCI) procedures and for the treatment of cardiogenic shock due to acute myocardial infarction and fulminant myocarditis. The company generates revenue from developing cardiovascular circulatory assist devices.

The series A+ funding will be primarily used by the company for research and development, innovation, and upgrades in the field of cardiovascular circulatory support products, further strengthening the company's R&D capabilities, enhancing its market competitiveness, and accelerating the clinical translation and industrialization of core technological achievements.

## Funding rounds

- Series A, Dec 27, 2025 — Shanghai Zhangke Lingyi Investment Management Co., LTD, Tian Rui Feng Nian Private Fund, Cui Capital
- Series A, Nov 24, 2023 — Goldport Capital, Tahoe VC, Shanghai Zhangke Lingyi Investment Management Co., LTD, Tailong VC

## Investors

- Goldport Capital (https://capitalatlas.ai/funds/goldport-capital) — Series A
- Tahoe VC — Series A
- Shanghai Zhangke Lingyi Investment Management Co., LTD — Series A
- Tailong VC (https://capitalatlas.ai/funds/tailong-vc) — Series A
- Tian Rui Feng Nian Private Fund (https://capitalatlas.ai/funds/tian-rui-feng-nian-private-fund) — Series A
- Cui Capital (https://capitalatlas.ai/funds/cui-capital) — Series A