Preceptis Medical Inc., a U.S.-based pediatric surgical technologies developer, has raised an undisclosed amount in Series B financing round led by a group of unnamed Chinese private investors. XmanData has raised $3 million as pre-Series A financing led by Chunxiao Capital, while Energy Monster has raised $30 million in a Series B round of funding, CMN reported.
Chinese investors back Preceptis Medical
Preceptis Medical Inc., a U.S.-based pediatric surgical technologies developer, has raised an undisclosed amount in Series B financing round led by a group of unnamed Chinese private investors.
The financing will allow Preceptis to expand its commercial infrastructure and develop future pipeline technologies. In addition, the new partners from China will assist Preceptis in accelerating global expansion by bringing its cutting edge technology to China, it said in a statement.
Preceptis makes the Hummingbird TTS (Tympanostomy Tube System) technology that enables a conscious sedation alternative to general anesthesia for placing ear tubes in children.
“The Hummingbird TTS has demonstrated its safety and efficacy in U.S. clinical trials and pilot commercial use. Parents and pediatricians have already shown that they will seek out otolaryngologists and hospitals that offer the Hummingbird TTS for ear tube procedures. The next step is a full commercial release in the US, followed by China and the rest of the world,” said Steve Anderson, CEO of Preceptis Medical, Inc.
XmanData gets $3m in pre-Series A
The round also saw participation from Tsing Ventures.
The company collects and analyzes data on commercial areas, including the main customers and trends in the area for micro and small enterprises.
Energy Monster raises $30m
Energy Monster, a Chinese portable power bank rental company, has raised $30 million in a Series B round of funding from investors including Shunwei Capital, Bluerun Ventures, Sky9 Capital, and Hillhouse Capital.
Crystal Stream Capital, Xiaomi Inc., Zimi Technology, and GF Xinde Investment Management also joined the round.
Energy Monster allows users to rent power banks by scanning QR code.