Aitrasound® Medical Group Announces Completion of a Pre-A Financing Round of Nearly 60 Million Hong Kong Dollars

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Launching New Brand Aitrasound® and an AI Medical Imaging Product Line

HONG KONG SAR – Media OutReach Newswire – 26 April 2024 – Recently, Aitrasound® Medical Group (Telefield Medical Imaging Limited) announced the formal completion of a pre-Series A financing round of nearly 60 million Hong Kong dollars. The pre-Series A financing was started in March 2023 with an initial round of nearly 40 million Hong Kong dollars, and successfully added with 2.5 million US dollars in the first quarter of this year. Led by the AEF Greater Bay Area Fund managed by Gobi Partners GBA, the investment will be mainly used for the establishment of Internet hospitals and a digital therapy platform for schools and families, achieving an integrated commercial loop of screening, diagnosis, and treatment for scoliosis.

https://www.aitrasound.com/

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Aitrasound® Medical Group (Telefield Medical Imaging Limited)

Aitrasound® Medical Group is a leading provider of 3D ultrasound imaging technology, equipment and solutions.

  • Its flagship product Scolioscan® is the world’s first and only ultrasonic scoliosis assessment system, filling the global technological gap in spine imaging, i.e. between radioactive X-ray imaging and inaccurate body surface contour measurement. It owns over 30 patent families with a total of more than 100 patents. Scolioscan® has been installed for clinical applications in hospitals and clinics in Europe, Australia, Mainland China, and Hong Kong, totally over 20 countries and regions. It has obtained Class II medical device certifications, including the EU CE, Australia ARTG, China NMPA, Thailand FDA and Malaysia MDA.
  • The team has been collaborating with internationally renowned hospitals and universities on various clinical research and has published over 30 research papers in top international journals in fields such as orthopedics and kinesiology, ultrasound, biomedical engineering, artificial intelligence, and pattern recognition to demonstrate the accuracy and reliability of the technology as well as various clinical applications.
  • The units installed with Scolioscan® include orthopedics, rehabilitation, and physical examination departments of hospitals, massage therapy department of traditional Chinese medicine hospitals , children health departments of maternity and child healthcare hospitals, work injury rehabilitation hospitals, sports rehabilitation hospitals, private orthopedic rehabilitation clinics, and traditional Chinese medicine clinics.
  • Since establishment, Aitrasound® team has won numerous international and domestic innovation and entrepreneurship awards: In 2023, it is the only gold winner from Hong Kong at the Guangdong-Hong Kong-Macao Greater Bay Area High-value Patent Portfolio Competition 2023, which was organized by Guangdong intellectual Property Administration, The People’s Government of Guangzhou Municipality, Hong Kong Intellectual Property Department and Macao Economic and Technological Development Bureau. In 2022, it was the only winner in the life and health category of the inaugurating BOCHK Science and Technology Innovation Prize, which was established by the Hong Kong Alliance of Technology and Innovation (HKATI) and sponsored by the Bank of China (Hong Kong) Limited.

About Gobi Partners GBA (Gobi GBA)

Gobi Partners GBA (Gobi GBA) was established in 2016 as a part of the leading Pan-Asian venture capital platform Gobi Partners. Gobi GBA is the general partner of the Alibaba Hong Kong Entrepreneurs Fund(AEF)as well as the AEF Greater Bay Area Fund and has formed strategic partnerships with other renowned financial institutions such as HSBC and Hang Seng Bank. As of 2023, Gobi GBA has invested in over 80 startups across the Greater Bay Area and has fostered the growth of 8 unicorns including Airwallex, Amber, Animoca Brands, GoGoX, Prenetics, and more.