Nanjing, China-based Tuge Medical has raised nearly RMB 200 million ($28 million) in Series B financing, co-led by LongRiver Investments and Shanghai Orient Securities Innovative Investment, to commercialize medical endoscopes, research and develop new products, and strengthen domestic and international sales channels.

Tuge Medical was founded in 2018 by Dr Yangang Wang, a graduate of the Institute of Automation, Chinese Academy of Sciences, who has been focusing on image processing algorithms and their hardware architecture since 2005.

Focusing on medical endoscopes and digital intelligent operating rooms, Tuge Medical is the first company in China to obtain the registration certificate of the 4K-3D-ICG 3-in-1 electronic endoscope camera system which has been adopted by more than 500 hospitals in China.

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