# SH Pinnacles

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sh-pinnacles

- Industry: Medical Devices & Equipment
- Headquarters: Shanghai, China
- Website: www.pinnaclesdx.com
- Total disclosed funding: $47M
- Latest round: Series B (Aug 21, 2023)
- Investors on record: 10

## About

Based in Shanghai, China, and founded in 2020, SH Pinnacles is a medical technology developer engaged in innovative testing and in vitro diagnostic ecosystems, with R&D and production bases in Beijing, Shanghai, Guangzhou, Shenzhen, Suzhou, and Zhengzhou. In August 2023, SH Pinnacles raised series B funding from returning investors Oriental Fortune Capital, Tsing Song Capital, Yushan Partners, new investor Industrial Capital Management, and other undisclosed investors. The founder and CEO, Wei Ding graduated from Fudan University and served as president of Shanghai Kehua Bio.


The company's business can be categorized into intelligent testing, laboratory automation, biochemical diagnosis, immunodiagnosis, coagulation diagnosis, and molecular diagnosis. Based on artificial intelligence, 5G, IoT, and other integrated information technology, it has developed an intelligent robot with its general control system and constructed a smart hospital.

## Funding rounds

- Series B, Aug 21, 2023 — Oriental Fortune Capital, Yushan Partners, Tsing Song Capital, Industrial Securities Capital
- Series A, Oct 20, 2021, $47M — Lilly Asia Ventures, Oriental Fortune Capital, ZhenFund, CD Capital, Vertex Ventures China, Wisdomont Capital, Tsing Song Capital
- Angel, Mar 1, 2021 — Hong Shan, Oriental Fortune Capital, ZhenFund, Yushan Partners

## Investors

- Hong Shan — Angel
- Oriental Fortune Capital (https://capitalatlas.ai/funds/oriental-fortune-capital) — Angel, Series A, Series B
- ZhenFund (https://capitalatlas.ai/funds/zhenfund) — Angel, Series A
- Yushan Partners (https://capitalatlas.ai/funds/yushan-partners) — Angel, Series B
- Lilly Asia Ventures (https://capitalatlas.ai/funds/lilly-asia-ventures) — Series A
- CD Capital — Series A
- Vertex Ventures China (https://capitalatlas.ai/funds/vertex-ventures-china) — Series A
- Wisdomont Capital (https://capitalatlas.ai/funds/wisdomont-capital) — Series A
- Tsing Song Capital (https://capitalatlas.ai/funds/tsing-song-capital) — Series A, Series B
- Industrial Securities Capital — Series B