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Advanced Medical Technology Company Investment Opportunity in Beijing, China

Business that is making eye care radically more affordable with AI is seeking an investment.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 800 thousand
EBITDA Margin Nil
Industries Advanced Medical Technology
Locations  Beijing
Local Time 8:44 AM Asia / Shanghai
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 2.8 million for 20.0% stake (Native Currency: CNY 20,000,000)
Reason: We are seeking investors to fund the marketing of the product and also to fund the development of ne... View More
Includes physical assets worth USD 140 thousand
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Business Overview

- Our business specializes in utilizing artificial intelligence to minimize the cost of eye care, and we've created the world's first autorefractor powered by AI.

- It can reduce the price of vision screenings by 90% while boosting test accuracy by 200%.

- We have 2 kinds of customers for our product, the first is eye doctors who use the same for their patients and the second is resellers.

- Currently, we are not generating profits and are running at break-even as we finished all the R&D work this year in the month of January and started marketing in February. By the end of June, our product had entered 40 countries.

- Company has a sole owner and is debt-free.

Products & Services Overview

We have developed the first artificial intelligence (AI) -powered product in the eye care segment.

Assets Overview

Computers and machine in stock are included in physical assets. Business also has intellectual property right for the business and data for R&D.

Facilities Overview

400 square meter office in Beijing, China. The office is rented.

Capitalization Overview
Not Disclosed
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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