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Mingdu Zhiyun (Zhejiang) Technology

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Medical intelligent manufacturing service provider

Hangzhou, ChinaFounded 2017Biotech & Life Sciences
Valuation $100–250M Last recorded · 2024
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Mingdu Zhiyun (Zhejiang) Technology and the history behind them.

About Mingdu Zhiyun (Zhejiang) Technology

Mingdu Zhiyun (Zhejiang) Technology Co., Ltd., established in 2017, operates as a specialized digital transformation service provider for the life sciences and biopharmaceutical industries in China. The company was founded by Chairman Ge Yafei, who previously served as chairman and president of the publicly listed company Dian Diagnostics and chairman of Aubo Robotics. His background in corporate management and smart manufacturing informed his decision to launch Mingdu Zhiyun, driven by a recognition of the potential for digitalization within China's biopharmaceutical sector.

The firm targets pharmaceutical and biotechnology companies, offering a comprehensive suite of digital solutions that span the entire lifecycle of a drug, from research and development to production and logistics. Its business model is centered on providing proprietary software and integrated systems that help clients navigate complex regulatory environments, improve operational efficiency, and accelerate product development. The company serves a notable client base that includes major domestic pharmaceutical groups like Shanghai Pharma, Livzon Pharmaceutical Group, and China Resources 999.

Mingdu Zhiyun's core offering is a full-stack digital product matrix designed to address key operational challenges in the pharmaceutical sector. This includes the MSP Mingdu Scientific Platform, which features an Electronic Lab Notebook (ELN) and Scientific Data Management System (SDMS) to digitize R&D processes. For manufacturing, its integrated platform addresses production, quality control, and warehousing, aiming to reduce reliance on manual operations and improve batch release times. The company also provides intelligent logistics solutions to create an integrated system from the workshop to the warehouse. These products are positioned as domestic alternatives to foreign software from firms like Siemens and VEEVA, addressing the need for secure and autonomous core industrial software within China's pharmaceutical industry. The company has received venture capital backing from investors such as CASH Capital, Zheshang Venture Capital, and various arms of the China Merchants Group.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2017
Headquarters
Hangzhou, China
Open positions
None listed
Dealroom signal
22.7/100
Industry
Health
Sub-industry
Pharmaceutical, BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Tech for Biotech and Pharma, Biotech and Pharma, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b
Links
Website

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES COther financing Feb 2024 $28M $206M China Merchants Health · Shenzhen Venture Capital ↗
SERIES BOther financing May 2021 $41M $165M China Merchants Group · China Singapore Suzhou Industrial Park Ventures ↗
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Growth signals

Mingdu Zhiyun (Zhejiang) Technology website traffic

Latest recorded traffic for Mingdu Zhiyun (Zhejiang) Technology is 1.5K monthly website visits, up 36.4% over the last three months.

Latest monthly visits1.5K 3-month web change+36.4%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

10 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A8 investors entered at this stage

  • Guoke Jiahe (Beijing) Investment Management
  • Red Star Macalline
  • CASH Capital
  • Zheshang Venture Capital
  • Topping Capital
  • Merchants Venture
  • China Merchants Group
  • China Singapore Suzhou Industrial Park Ventures

Series B and later2 investors entered at this stage

  • Shenzhen Venture Capital
  • China Merchants Health
Team profiled 1 named & role-tagged
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Potential founders Hidden — book a demo likely future founders
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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 · Hangzhou HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Mingdu Zhiyun (Zhejiang) 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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