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Mill Medical Technology
Multi-application laser medical systems and core components.
About Mill Medical Technology
Mill Medical Technology (Shenzhen) Co., Ltd. is a platform-based company focused on multi-scenario laser medical technology. Founded in 2019 by Chairman Ji Encai, the firm began official operations in April 2020. The core founding members graduated from Tsinghua University's Department of Precision Instruments. The company's business model covers the full laser medical industry chain, including upstream laser components, midstream Original Design Manufacturer (ODM) and Contract Development and Manufacturing Organization (CDMO) services, and downstream laser medical devices. Mill Medical provides system-level laser medical solutions for industry partners.
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The company develops and manufactures laser medical equipment for various clinical departments, including dentistry, dermatology, urology, and vascular surgery. Its technology is designed for multiple treatment scenarios such as soft tissue cutting, hard tissue ablation, lithotripsy (stone breaking), and anti-aging treatments. One of its key product lines is the Thulium fiber laser medical device, which utilizes the 1940nm wavelength for more precise and minimally invasive procedures. In 2024, the company's self-developed Thulium fiber laser treatment system received NMPA Class III medical device registration in China, marking a significant step in the domestic production of high-end oral laser medical equipment.
Mill Medical has secured significant funding to support its growth. A Series B funding round in June 2026, led by Shenzhen Capital Group (SCGC), raised approximately 100 million RMB. This capital is intended for the clinical registration and commercialization of its devices, continued R&D of core laser technologies, and expansion of its global market channels. Previous funding includes a Pre-A round in November 2021 and an A round in August 2024. The company's business strategy involves a dual approach of establishing its brand in high-end hospitals while also providing cost-effective models for primary care and private medical markets. Mill Medical holds over 200 intellectual property rights and has developed nearly 30 different lasers for various medical applications.
At a glance
- Status
- Operational
- Founded
- 2019
- Headquarters
- Shenzhen, China
- Employees
- 3
- Open positions
- None listed
- Dealroom signal
- 24.7/100
- Industry
- Health
- Sub-industry
- Medical Devices
- Sector
- Health Tech & Medtech, Dermatology, Inflammatory Diseases, Non-Invasive medical devices and treatments
- Business model
- Manufacturing
- Client focus
- b2b
Latest news
Press, funding announcements and product moves mentioning Mill Medical Technology.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Jun 2026 | $14M | $55M | Shenzhen Gaoxin Investment · Nanshan Strategic Emerging · Shenzhen Capital Group | ↗ |
| SERIES A✓Equity / VC | Aug 2024 | $0 | — | Infinity Group | ↗ |
Growth signals
Latest recorded traffic for Mill Medical Technology is 340 monthly website visits, up 9.7% over the last three months. Mill Medical Technology's team grew 0% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
E-Town Capital
Oriental Fortune Capital
Series A4 investors entered at this stage
Infinity Group
Shenzhen Capital Group- SIShenzhen Gaoxin Investment
- NENanshan Strategic Emerging
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Mill Medical Technology on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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