What is Mio Global?
Founded in 2000 and publicly listed on the Shenzhen Stock Exchange in 2016, Guangdong Lifesense Medical Electronics Co., Ltd., operating as Mio Global, is dedicated to becoming a global leader in remote health monitoring. With over two decades of experience, the company excels in the research, design, manufacturing, and sales of medical-grade remote health monitoring devices. Their comprehensive product portfolio includes smart electronic blood pressure monitors, blood glucose monitoring systems, health scales, ECG monitoring devices, over-the-counter hearing aids, and advanced smart wearables. Lifesense is widely recognized for its superior design and product quality, catering to clients within the smart healthcare and wearable technology industries.
How much funding has Mio Global raised?
Mio Global has raised a total of $15.9M across 2 funding rounds:
Debt
$1.5M
Series B
$14.4M
Debt (2015): $1.5M with participation from Export Development Canada
Series B (2016): $14.4M led by HydraVentures
Key Investors in Mio Global
HydraVentures
Hydra Ventures, the corporate venture arm of adidas AG, focuses on identifying and developing new consumer brands and trends within the apparel, footwear, and sports sectors, with a particular interest in sustainable and socially responsible ventures.
Export Development Canada
Export Development Canada (EDC), established in 1944, provides essential risk management, secure financing, and working capital services to support Canadian businesses in international trade.
What's next for Mio Global?
The recent major strategic investment suggests Mio Global is poised for significant expansion and further innovation in the remote health monitoring space. This capital infusion is likely to fuel advancements in their product development, enhance market penetration, and potentially explore new strategic partnerships. The company's established track record and focus on quality position it for continued growth and leadership in the evolving health-tech landscape.
See full Mio Global company page
