Innovision Med Closes Pre-A Round of Financing, Accelerating the Development of AI solutions in Gastroenterology

According to VCBeat, Xiamen Innovision Medical Technology Co., Ltd. ("Innovision Med") announced the completion of the Pre-A funding round, led by China Prosperity Capital with participation from the existing investor DYEE Capital. Proceeds from this round will be mainly used for the R&D, phase III clinical trials, and marketing of products.

As a provider of AI-assisted diagnosis and treatment systems, Innovision Med is committed to applying deep learning technology to computer-aided diagnosis in medical imaging in gastroenterology and endoscopy departments, covering the whole process, multiple diseases, and all application scenarios. 

The AI-powered real-time auxiliary diagnosis system of digestive endoscopy, the core product of Yinnuo Medical, is featured with real-time analysis, accuracy and multi-scene application. At present, the system has been implemented in more than 60 first-class hospitals at grade 3 in more than 20 provinces and cities across China.

Talents are the first factor affecting the development of an enterprise. Hu Yanxing, the founder of Innovision Med, believes that the application of AI+ endoscope requires not only AI experts, but also medical experts in the field of endoscopy.

Since its establishment, Innovision Med has obtained a number of patents. In terms of products, the company builds a self-developed AI platform to connect the endoscopy and the endoscopic display, which is directly embedded into the existing clinical workflow and tries to fit the daily working process of the endoscopy room without changing the habits of doctors. Yinnuo Medical Artificial Intelligence Digestive Endoscopy Real-time Assisted Diagnosis System 

China Prosperity Capital was established in 2015 and headquartered in Shenzhen with offices in Beijing and Hong Kong. The company focuses on investing in the growth stage and mature companies in TMT, pan-entertainment, and other related sectors. It pays close attention to how the internet brings innovation to traditional business models and the change of people's lifestyle driven by technology advancement. 

DYEE Capital is a private equity & venture capital firm. Founded in June 2016, DYEE Capital focuses on modern services and investing in medical care, information services, consumption upgrading, and other fields.