Fundz

Chinese Artificial Heart Startup Magassist Bags Usd78 Million In Series C Fundraiser

PRIVATEOct 19, 2021

Amount Raised

$78 Million

Round Type

Series C

China

Description

Chinese artificial heart research and development startup magAssist said it has secured CNY500 million (USD78 million) in a Series C financing round.

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Company Information

Company

Mag Assist

Location

China

About

Chinese artificial heart research and development startup magAssist said it has secured CNY500 million (USD78 million) in a Series C financing round. Founded in 2017, magAssist develops first-aid equipment for patients with acute attacks of chronic heart failure.

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Mag Assist raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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