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RainMed

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A vascular interventional surgical robot developer focused on the development of coronary angiography systems

Suzhou Shi, ChinaFounded 2014Health Tech & Medtech
Valuation $250–500M Last recorded · 2021
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
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About RainMed

Based in Suzhou, China, RainMed Medical is a publicly-traded company specializing in advanced diagnostic solutions for coronary artery disease. Founded in 2014 by Professor Yunlong Huo, the company has grown from its initial research phase to a commercial entity listed on the Hong Kong Stock Exchange as of July 2022. Professor Huo, a faculty member at Shanghai Jiao Tong University's School of Life Science and Biotechnology, provides a strong foundation in academic research that underpins the company's product development.

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RainMed's business model centers on the design, development, and commercialization of devices for the precise diagnosis of coronary conditions. The company generates revenue through the sale of its medical systems and associated disposable components to hospitals and clinics. Its client base consists of healthcare institutions performing cardiac interventions, with products utilized in over 1,000 hospitals across China and expanding into international markets. To facilitate market penetration, RainMed has established strategic partnerships with medical device distribution platforms and collaborates with top medical centers on clinical research.

The company's core product is the Coronary Angiography-Derived Fractional Flow Reserve (caFFR) system. This system provides a non-invasive method to assess the severity of coronary artery stenosis, which is a narrowing of the arteries. Unlike the traditional method that requires an invasive pressure wire and vasodilators, the caFFR system calculates the FFR value using computational fluid dynamics (CFD) applied to standard coronary angiograms. This process involves creating a 3D model from two angiogram images to analyze blood flow and pressure, delivering results in approximately two to three minutes. The key benefits include enhanced safety by avoiding invasive wires, improved efficiency in the cardiac catheterization lab, and wider applicability as it can be used for patients who have contraindications to vasodilator drugs. RainMed also develops the caIMR system for assessing coronary microvascular resistance and the FlashBot, a vascular interventional surgery robot, to further build out its platform of solutions for vascular disease.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2014
Headquarters
Suzhou Shi, China
Employees
16
Open positions
None listed
Dealroom signal
37.4/100
Industry
Health, Robotics
Sub-industry
Medical Devices
Sector
Health Tech & Medtech, Surgery, Spinout, Medical Robots, Surgical Equipment, Tech for Medical Professionals, Collaborative Robots, Surgical Robots, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES DOther financing Dec 2021 $100M $400M Ping An Group · Lighthouse Canton · Seresia · Ping An Capital ↗
SPINOUTOther financing Jan 2014 $0 — Shanghai Jiao Tong University —
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Growth signals

RainMed website traffic

Latest recorded traffic for RainMed is 180 monthly website visits, down 93.3% over the last three months. RainMed's team grew 0% over the past year.

Latest monthly visits180 3-month web change-93.3% 1-year team growth0%
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Investments and acquisitions

Capital deployed

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

Investors

5 investors on the cap table

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

Series B and later4 investors entered at this stage

  • Ping An Capital
  • Ping An Group
  • Lighthouse Canton
  • Seresia

Other known investors1 additional known investor

  • Shanghai Jiao Tong University
Employees 16 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
3 countries with
team presence
🇨🇳 China77.8%
🇫🇷 France11.1%
🇭🇰 Hong Kong11.1%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about RainMed 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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