Qifeng Yu, Founder of NewMed Medical

About Qifeng Yu

Qifeng Yu is the founder of NewMed Medical, a high-tech enterprise established in 2015 that specializes in the R&D, production, and sales of interventional artificial heart valves and interventional ventricular assist systems. Prior to founding NewMed Medical, Yu Qifeng worked at leading medical device companies such as Shanghai MicroPort Medical and Beijing Medtronic. NewMed Medical has completed multiple rounds of equity financing, with cumulative funding exceeding RMB 1 billion.

Qifeng Yu at a glance

• Company: NewMed Medical
• Total raised: $100M
• Investors: OrbiMed, Temasek, Boyuan Capital, Sequoia China, Hillhouse Ventures, Yunfeng Fund
• Location: Pudong, Shanghai, China

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