Venus MedTech

Hangzhou, China Founded: 2009 • Age: 17 yrs
Transcatheter aortic and pulmonic valves are developed for cardiovascular procedures.
Annual revenue $65.7M Latest available
Total funding $37.0M 5 rounds
Employees 691 Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Venus MedTech

Venus MedTech is a company based in Hangzhou (China) founded in 2009 by Eric Zi. Venus MedTech has raised $37 million across 5 funding rounds from investors including Qiming Venture Partners, DCP and Goldman Sachs Investment Partners. The company has 691 employees as of December 31, 2024. Venus MedTech has completed 5 acquisitions, including InterValve, Keystone Heart and Transcatheter Technologies. Venus MedTech operates in a competitive market with competitors including Shockwave Medical, Cardiac Dimensions, Pi-Cardia, Symetis and Peijia Medical Technologies, among others.

  • Headquarter Hangzhou, China
  • Employees 691 as on 31 Dec, 2024
  • Founders Eric Zi
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Venus Medtech (Hangzhou), Inc. Class H
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $65.73 M (USD)
    -5.98
    as on Dec 31, 2024
  • Net Profit
    -$99.72 M (USD)
    0.41
    as on Dec 31, 2024
  • EBITDA
    -$38.37 M (USD)
    41.75
    as on Dec 31, 2024
  • Total Equity Funding
    $37 M (USD)

    in 5 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    691

    as on Dec 31, 2024

  • Investments & Acquisitions
    InterValve

    & 4 more

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IPO & Listings of Venus MedTech

Venus MedTech is a publicly listed company on the HKEX with ticker symbol 2500 in Hong Kong, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: HKEX · Ticker: 2500 · Sector: Health technology · Hong Kong

Funding Insights of Venus MedTech

Venus MedTech has successfully raised a total of $37M across 5 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Venus MedTech

Venus MedTech has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Qiming Venture Partners, DCP and Goldman Sachs Investment Partners.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments are managed across multiple sectors by DCP.
Locked Locked Locked
DNV Capital is engaged in asset management for healthcare and technology industries.
Locked Locked Locked
Venture capital investments are directed toward multiple sectors.
Locked Locked Locked
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Investor details for Venus MedTech

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Investments & Acquisitions by Venus MedTech

Venus MedTech has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include InterValve, Keystone Heart and Transcatheter Technologies.

Investments
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Investment portfolio details for Venus MedTech

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Developer of a novel transcatheter valve replacement system for mitral and tricuspid valve replacement. This system is designed for transfemoral delivery, avoiding open-heart surgery. Key features include a short profile to minimize ventricular protrusion and reduce LVOT obstruction risk, a robust anchoring mechanism, and an enhanced sealing solution to prevent paravalvular leaks. The device is currently limited to investigational use.
Locked Locked 2011 Locked
Implantable devices for heart valve repair and replacement
Locked Locked 2009 Locked
Catheter-based heart valve implantation and aortic therapy systems are developed.
Locked Locked 2009 Locked
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Complete acquisition details for Venus MedTech

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Financial Statements - Venus MedTech

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Detailed financials for Venus MedTech

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Venus Medtech Comparisons

Venus MedTech Primary company
Description
Transcatheter aortic and pulmonic valves are developed for c...
Location
Hangzhou, China
Founded Year
2009
Annual Revenue
$65.73 M (USD)
Net Profit
-$99.72 M (USD)
EBITDA
-$38.37 M (USD)
Employees
691
As of 2024
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Peer comparison for Venus MedTech

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Competitors of Venus MedTech

Venus MedTech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Shockwave Medical, Cardiac Dimensions, Pi-Cardia, Symetis and Peijia Medical Technologies, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Cardiovascular balloon dilation catheters with lithotripsy electrodes are developed.
Locked Locked Locked
Invasive cardiac implants for heart failure treatment are developed.
Locked Locked Locked
Non-implant devices for cardiac valve repair are developed and manufactured.
Locked Locked Locked
Minimally invasive heart valve replacement devices are developed and marketed.
Locked Locked Locked
Medical devices for cardiac and cerebrovascular treatments are developed.
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Detailed competitors of Venus MedTech

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Latest news on Venus Medtech

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Complete news archive for Venus MedTech

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Frequently Asked Questions about Venus MedTech

Venus MedTech was founded in 2009 and raised its 1st funding round 3 years after it was founded.

Venus MedTech is headquartered in Hangzhou, China. It is registered at Hangzhou, Zhejiang, China.

Eric Zi is the current CEO of Venus MedTech. They have also founded this company.

Venus MedTech is a funded company, having raised a total of $37M across 5 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Venus MedTech is 691.

Annual revenue of Venus MedTech is $65.73M as on Dec 31, 2024.

Venus MedTech is a developer of medical products used during cardiovascular surgeries. Venus Medtech develops and manufactures an advanced interventional artificial cardiac valve system. Additionally, its products include artificial aorta, pulmonary artery, conveying system, compression loading system, etc. Has applied for multiple patents. As of July 2016, Its transcatheter aortic valves have completed clinical trials and follow-up and are pending China Food and Drug Administration (CFDA) clearance, and its transcatheter pulmonic valves are completing it clinical trials. Both of the valves are expected to be the first transcatheter valves approved in China. They are also developing the next-generation heart valves with pre-crimping technology. In 2016, -Transcatheter Technologies a medical device company that has developed a full range of transcatheter valve implantation systems for catheter-based heart valve therapy, announced that it had sold its technology portfolio to Venus Medtech.

Venus MedTech's top competitors include Shockwave Medical, Cardiac Dimensions and JenaValve Technology.

Yes, Venus MedTech is publicly traded on HKEX under the ticker symbol 2500.

Venus MedTech has made 5 acquisitions, including InterValve, Keystone Heart, and Transcatheter Technologies.

Venus MedTech has 4 investors. Key investors include Qiming Venture Partners, DCP, Goldman Sachs Investment Partners, and DNV Capital.

The ticker symbol of Venus MedTech is 2500 on HKEX.

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