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ZD Medtech

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ZD Medtech is a company specializing in the development and application of rehabilitation robots and intelligent rehabilitation solutions

Huangpu, ChinaFounded 2015Health Tech & Medtech
Valuation $50–100M Last recorded · 2023
Total funding $10–50M Disclosed equity funding
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About ZD Medtech

Based in The Hague, Netherlands, Bike Labyrinth operates as a developer of virtual cycling technology designed to enhance physical and mental health. The company traces its origins to a university project in 2007 by three media technology students. This academic exercise evolved into a formal business in 2011, co-founded by Ella Keijzer and Job Luinstra, after a local nursing home expressed interest in a pilot version of the product. Keijzer, who serves as the company's CEO, and her team have since expanded the company's reach to over 2,500 institutions worldwide.

The core of the business is a system that provides interactive, virtual bicycle tours displayed on a screen connected to a stationary exercise bike, including in-bed trainers. This product is targeted at individuals in elderly care homes, rehabilitation centers, and hospitals who are unable to cycle outdoors. The business model involves selling the Bike Labyrinth system and offering two or five-year subscriptions that grant access to an expanding library of over 800 routes, games, and software updates. Revenue is also generated through the creation of customized routes for clients. Often, healthcare institutions acquire the system through fundraising and sponsorship initiatives.

The product offers a realistic cycling experience by pairing high-quality video with ambient sounds. A key feature is its interactivity; the video pauses when the user stops pedaling, and at various intersections, the cyclist can choose their direction, fostering a sense of autonomy. The system is designed for user-friendliness, often operable with just one or two buttons, and avoids the need for cumbersome VR headsets. This approach provides both physical exercise and cognitive stimulation, helping to improve cardiovascular health, balance, and coordination, while also engaging memory and attention. For patients with dementia or those undergoing long treatments, the experience serves as a welcome distraction and a tool for reminiscence.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2015
Headquarters
Huangpu, China
Open positions
None listed
Dealroom signal
20.0/100
Industry
Health, Robotics
Sub-industry
Medical Devices
Sector
Health Tech & Medtech, Hard Tech, DT and LS, science-based
Technology
Deep Tech
Business model
Manufacturing
Client focus
b2b
Links
Website

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES B✓Equity / VC Feb 2023 $14M $55M Redhill Capital · FOF Hengxu Capital · Shunwei Capital ↗
SERIES AEquity / VC Jan 2021 $0 — Zhangjiang Hi-Tech Park ↗
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Growth signals

ZD Medtech website traffic

Latest recorded traffic for ZD Medtech is 750 monthly website visits, up 97.4% over the last three months.

Latest monthly visits750 3-month web change+97.4%
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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.

Seed1 investor entered at this stage

  • Med-Fine Capital

Series A4 investors entered at this stage

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 · Huangpu HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about ZD Medtech 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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