Weiyun AI Brings in ￥100 million in a New Round of Financing

(VCBeat) Mar. 30, 2021 -- Weiyun AI, a provider of AI-powered digital dentistry services, recently announced that it has completed a new round of financing worth 100 million yuan from a number of overseas family funds and listed companies. According to Dr. Liu, the founder and CEO of Weiyun AI, the funds raised in this round will be mainly used for the upgrade of the products and the promotion of the invisible brace brand "Xiangbei".

Weiyun AI combines medical health and artificial intelligence that manufactures clinical dental products through advanced manufacturing technology, custom robots, and smart factories. The company provides digital solutions for the dental industry, with more than 1000 SKUs, covering the fields of implants, orthodontics, medical beauty and repair.

Since its inception, Weiyun AI has been recognized by investors with its intelligent dental service mode and independent R&D in smart factories. In 2019, the company has received over 100 million yuan of investment from investors such as Professor Wang Tianmiao (the director of Beihang Robotics Institute), Yarui Capital, Zhiyou Jinmiao, Alphax Partners, Focus Media and so on.

The investors of this round said, "Weiyun AI has well-integrated AI, edge computing and modern medicine to create the unmanned and smart manufacturing mode of dental materials, which reconstruct the supply chain, and formed the most complete product category in the industry. At present, Weiyun AI has millions of user data, using the 'Meituan mode' to create an efficient and accurate promotion team for online and offline marketing, with a good accumulation of online and offline channels. At the same time, it has the potential to take the place of the imported products, having a huge room for growth in the future dental and aesthetic medicine market."

Professor Wang Tianmiao said, "Weiyun AI started from the R&D of the technology of hardware and software in robotic control, algorithm, and five-axis linkage general equipment nine years ago. Through the establishment of the graphic image and artificial intelligence learning networks, a more complete technical barrier has been formed. Based on these core technology advantages, Weiyun AI then entered the clinical repair and invisible orthodontics and other medical FMCG fields, directly serving B-end clinics and C-end consumers with the formation of complete product customization and intelligent performance system. Weiyun AI has a huge space for growth in the future."