Recently, Suzhou Singmed Medical Device Technology Co., Ltd. (Singmed, hereinafter referred to as "Singmed") announced the completion of its Series B round of financing worth nearly RMB 300 million. This round was led by Suzhou Industrial Park Oriza Seed Venture Capital Management Co., Ltd. (hereinafter referred to as "Oriza Seed"), with follow-on investments from existing shareholders Creacion Ventures and UOB Venture Management Private Limited, and participation from institutions including Jolmo Investment Management Co., Ltd., Changshu Economic Development Zone Holding FOF, and Changshu Guofa Venture Capital Co., Ltd.
As a leading domestic enterprise achieving original R&D across all categories, system support for all scenarios, and global development in the three major drug delivery fields of Dry Powder Inhaler (DPI), Soft Mist Inhaler (SMI), and Nasal Exact Delivery System (Nasal EDS), Singmed stated that following the completion of this financing, the company will continue to advance the construction of delivery technology platforms for innovative drugs, focusing on pulmonary, nasal, and other advanced drug delivery directions. It will further strengthen and expand its comprehensive capabilities in original R&D, precision engineering, industrialization, and global cooperation.
Oriza Seed is a market-oriented professional early-stage equity investment platform under Oriza Holdings. It focuses on investment opportunities in startups and early-growth enterprises within the technology and healthcare sectors. With a total fund size exceeding RMB 7.5 billion, it manages both VC funds and region-specific Angel funds. Since its inception in 2013, Oriza Seed has established a strong reputation among technology-based startups for its focus on early-stage investment, preference for technology, and commitment to its promises. To date, it has invested in over 300 enterprises, striving to empower startups and grow alongside entrepreneurs.
As the legal advisor and long-term partner of Oriza Seed, Llinks provided professional legal services for this project, leveraging its extensive experience in the investment and financing sector.
Llinks Engagement Team
Selena She, Partner
Colin Shi, Partner
Geoffrey Li, Associate