# Suzhou Wanguiyuan Precision Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/suzhou-wanguiyuan-precision-technology-co

- Industry: Medical Devices & Equipment
- Headquarters: Suzhou, China
- Website: www.welgwiyan.com
- Total disclosed funding: $7M
- Latest round: Series A (Feb 8, 2024)
- Investors on record: 4

## About

Established in 2018 and based in Suzhou, China, Suzhou Wanguiyuan Precision Technology Co., Ltd. operates as a diversified biomedical engineering solutions provider that reagent and microarray design, molecular diagnostic instruments, automated equipment, and consumables production. The company has been awarded National High-Tech Enterprise, Wujiang District Chongben Leading Talent Enterprise, etc. In February 2024, it raised series A+ funding for CNY 50 million.


The company provides contract development manufacture organization (CDMO) and contract manufacture organization (CMO) services for in vitro diagnostic and medical high-value consumables manufacturers, including reagent and chip design, molecular diagnostic instruments, automation equipment, and consumables production. Its equipment can be divided into four series, microfluidic chip-related equipment series, reagent potting-related equipment series, sterile automation equipment series, and IVD instruments, which include microfluidic chip full-flow automated production workstation, fully enclosed sterile isolated automated preparation, etc.

The company will use the series A+ funds to improve the R&D and production service capabilities of microfluidic chip CDMO, build R&D bases, and accelerate business expansion in the global market.

## Funding rounds

- Series A, Feb 8, 2024, $7M — Qianhai Sihai New Material Capital, Suzhou Capital Group
- Series A, Apr 26, 2022 — Qianrong Capital, Wujiang Dongyun Venture Capital, Qianhai Sihai New Material Capital

## Investors

- Qianrong Capital (https://capitalatlas.ai/funds/qianrong-capital) — Series A
- Wujiang Dongyun Venture Capital — Series A
- Qianhai Sihai New Material Capital (https://capitalatlas.ai/funds/qianhai-sihai-new-material-capital) — Series A
- Suzhou Capital Group — Series A