Mei Wei Dental Raises ￥1B in Series B Funding Round　

(VCBeat) July. 15, 2021 -- Mei Wei Dental Group ("Mei Wei Dental"), one of China's leading dental chain brand, announced today that it has completed a Series B financing of more than 1 billion yuan, with participation from Fortune Venture Capital, TFTR Investment, New Hope Group and other well-known investors.

Before this round of financing, Mei Wei Dental has also received investments from many well-known investment institutions, including China Oriental Assets, Fortune Venture Capital, etc.

Founded in 2016, Mei Wei Dental is the first domestic oral health platform company based on the "DSO" model and created a new development model of Chinese oral industry and new format. So far, Mei Wei Dental has set up nearly 200 domestic oral clinics and hospitals, as well as a high-quality team of business partners, and has achieved positive profit in nearly two years, indicating that the "DSO" model has worked well with high recognition in the market. Mei Wei Dental has been in the leading position in the field of dental health.

As one of the oral chain companies with the highest level of digitalization, Mei Wei Dental has taken information construction as its core development strategy since its inception. Weixiaomei medical cloud intelligent management platform is built around patient-centered and medical-centered. From the improvement of the outpatient SOP process to CRM management, from the intelligent appointment system to the formulation of complete oral diagnosis and treatment plan, from the tracking of oral problems to long-term oral health management, its outpatient operation ability has been further improved efficiently. In the future, Mei Wei Dental will also integrate medical treatment, operation and management into digitalization, informatization, and intelligence.

Founded in April 2000, Fortune Capital is one of the earliest market-oriented venture capital firms in China. For the past 14 years, Fortune Capital focuses its investments on leading companies in four key sectors: TMT (Media oriented), Consumer Goods/Services, Modern Agriculture and Clean Tech.

Fortune Capital is ranked among the highest-performing VC/PE firms in China. In addition to providing capital, Fortune Capital provides its investee companies with personalized value-added services.

TFTR Investment is dedicated to becoming the capital partner of industries and enterprises through equity investment and capital services.