Linkingmed Secures ￥40 Million in Additional Series A Funding, To Realize Fully Automatic Radiotherapy

According to Yiou.com, LinkingMed Inc. (Linkingmed) announced a ￥40 million funding round led by Grains Valley Venture Capital, with participation from Binhai Capital and Linear Venture. Proceeds from this financing will be used to accelerate the R&D and registration of products at home and abroad, realize the Fully Auto-Plan by the end of 2020 and provide the tumor radiotherapy service. Up to now, Linkingmed has completed four rounds of financing.

LinkingMed focuses on building oncology data platforms and medical data analysis. It offers AI and cloud-based organ contouring, target delineation, automatic planning, radiotherapy quality assurance tools and services to radiotherapy department, third party medical imaging and radiotherapy centers. And it offers professional remote planning and radiotherapy network operation services to oncologists and medical physicists. 

LinkingMed transforms the radiotherapy process through AI-based radiotherapy cloud services, including AiContour, AiPlan, AiQA, AiTeam, and RAIC·OIS Oncology Information System.

LinkingMed keeps long-term and strategic collaboration with both international and domestic research and clinical institutes. It has applied more than ten national scientific funds and collaborated with NIH, Harvard Medical School, UT Southwestern Medical Center.

Zhang Ye, the CEO of LinkingMed, said, " LinkingMed still follows its own step, to complete the clinical trials of AiPlan, start the CE and FDA certification, improve the process of radiotherapy, so as to be more than a radiotherapy system provider. We will keep on exploring and trying."

Founded in 2007, Grains Valley Venture Capital is a venture capital firm specializing in emerging industries. It holds an investment philosophy based on the in-depth study of the industry. 

Linear Capital was founded by Chuan Wanghuai, the former executive of Jingdong, and Lynx, and early Facebook employees, focusing on Pan smart, technology-driven big data projects in early-stage. The company is trying to become China's best intelligent application data fund. Its existing limited partners are mainly founders or executives from Asia's top hedge funds and well-known Internet companies.