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Vedeng

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B2B e-commerce platform for medical device procurement

ChinaFounded 2012Health Tech & Medtech
Valuation $50–100M Last recorded · 2018
Total funding $10–50M Disclosed equity funding
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About Vedeng

Vedeng is a Chinese business-to-business (B2B) e-commerce company specializing in the distribution and supply chain of medical devices. Founded in 2010 and headquartered in Nanjing, the company operates an online procurement portal designed to connect upstream medical equipment manufacturers with downstream distributors, private clinics, and other healthcare institutions. The platform's objective is to streamline the procurement process, reduce costs, and improve efficiency within the medical device industry by digitizing the supply chain.

The company's business model is centered on its self-operated B2B platform, which provides a one-stop shop for medical device purchasing. Vedeng partners with well-known domestic and international medical device brands, using direct procurement and centralized stocking to offer competitive pricing to its clients. This approach eliminates information barriers and reduces transaction links in the traditional supply chain. Its primary clients include medical device dealers, hospitals, clinics, and government-authorized agents.

Vedeng has raised a total of $34.8M in funding. A significant Series B funding round in May 2020, led by Sinovation Ventures (founded by Kai-Fu Lee), raised several hundred million yuan to enhance digitalization efforts. Other investors include Oriental Fortune Capital, Puhua Capital, and Marathon Venture Partners. The CEO of the company is Ding Haibo.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2012
Headquarters
China
Open positions
None listed
Dealroom signal
18.3/100
Industry
Health
Sub-industry
Health Platform
Sector
Health Tech & Medtech, Hospital, Hard Tech
Client focus
b2b
Links
Website

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC May 2018 $16M $63M Marathon Venture Partners —
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Growth signals

Vedeng website traffic

Latest recorded traffic for Vedeng is 12K monthly website visits, up 328.6% over the last three months.

Latest monthly visits12K 3-month web change+328.6%
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Investments and acquisitions

Capital deployed

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Investors

1 investor on the cap table

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

Series A1 investor entered at this stage

  • Marathon Venture Partners
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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 HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Vedeng on X, ranked by likes and reposts, corporate channels excluded.

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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