MSL Raises $1.4M in Pre-A Round, Led by Plum Ventures

According to PEdaily.cn, Guangzhou Medsinglong Medical Equipment Co., Ltd ("MSL") has got tens of millions yuan (US$1.4 million) in its Pre-A Round of Funding, led by Plum Ventures. Proceeds of this financing will be mainly used for the establishment of MSL's subsidiaries in the Philippines and overseas warehouses, and build up a SAAS system, which is expected to double the operation efficiency of the company. The subsidiaries and overseas warehouses will realize the 48-hour delivery of its core products in the Philippines, and solve the after-sales problems of hospital customers within 24 hours.

Established in 2004 and located in Guangzhou City, with 20,000 sqm industrial park and over 300 employees, MSL is one of the most professional medical equipment suppliers in China. 

As a leading medical equipment distributor, which integrates the R&D, production and sales of professional medical equipment, MSL sells medical equipment directly from factories in China to hospitals and clinics in more than 150 countries through the Internet and offline business. 

MSL engages in selling medical instruments for more than 11 years and has a professional marketing team and a procurement team. The company is committed to supplying cheap medical equipment with high quality and good service at the same level. At present, MSL has cooperated with 500 factories in China, with SKU over 8000, and its customers covering 178 countries and regions.

Now MSL's products cover X-ray machines, ultrasound machines, anesthesia machines, ventilators, patient monitors, dental instruments and so on. It is also able to offer a range of medical products including autoclaves, ECG, blood analyzer, biochemical analyzer, vet equipment, radiation protection equipment and so on. 

Founded in May 2014, Plum Ventures is one of the most active investment institutions in China. It is committed to helping entrepreneurs in the field of the new economy. The company manages funds of 3 billion yuan and has participated in more than 300 investment projects.