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Mill Medical Technology

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Multi-application laser medical systems and core components.

Shenzhen, ChinaFounded 2019Health Tech & Medtech
Valuation $50–100M Last recorded · 2026
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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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.

Source: Dealroom company data

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.

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Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BEquity / VC Jun 2026 $14M $55M Shenzhen Gaoxin Investment · Nanshan Strategic Emerging · Shenzhen Capital Group
SERIES AEquity / VC Aug 2024 $0 Infinity Group
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Growth signals

Mill Medical Technology website traffic

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.

Latest monthly visits340 3-month web change+9.7% 1-year team growth0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investors

6 investors on the cap table

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

Employees 3 total headcount
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇳 China · Shenzhen HQ
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Market sentiment

Posts on X, past 7 days

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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