Mateside
Rehabilitation aids and medical device manufacturing enterprise
About Mateside
Zhejiang Mateside Medical Device Technology Co., Ltd. is a comprehensive enterprise that integrates research and development, design, intelligent manufacturing, and sales of rehabilitation aids and medical device products. Founded in 2013 by an individual named Michael, the company, initially known as MATESIDE, started as a small-scale distributor of nursing beds. The parent company, Zhejiang Mateside Medical Device Technology Co., Ltd., was officially established in 2022 and is headquartered in Hangzhou, with branches in Hengshui and Shenzhen. The company's CEO is Zhikuo Liu.
Mateside operates on a "1+4+N" business model, focusing on household rehabilitation medical devices and covering four main fields: rehabilitation care, assistance, training, and therapy, while also exploring digital smart health applications. Its product portfolio includes rehabilitation nursing beds, medical beds, manual and electric wheelchairs, anti-bedsore air mattresses, walkers, atomizers, and breathing masks. The company markets its products under its own brands, including "Ruiland", "Medster", and "VOCIC", which is dedicated to mobility aids and bathroom safety. Mateside has established both online and offline sales channels, including a significant presence in cross-border e-commerce, and exports its products to over 50 countries. In August 2023, the company announced the completion of its first round of financing, securing nearly 100 million CNY.
Significant milestones include establishing a smart manufacturing factory in Hengshui in 2019, which is considered the largest nursing bed production base in the country. In 2021, the company's subsidiary, Hebei Ruilangde Medical Equipment Group Co., Ltd., was designated as an Industrial Design Center in Hengshui and in 2022, it was named a National Smart Health Elderly Care Application Pilot Demonstration Enterprise. Mateside has obtained ISO13485 and ISO9001 certifications, as well as FDA and CE certifications for its products.
Source: Dealroom company dataAt a glance
- Founded
- 2013
- Headquarters
- Hangzhou, China
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later1 investor entered at this stage
Xiangyu Medical
Source: Dealroom Talent Intelligence.
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