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Mevion Medical raises $150mm in late-stage round

Executive Summary

Mevion Medical Systems Inc. raised $150mm through a late-stage funding round led by YuanMing Capital. Henan Maisheng Medical Technology, HOPU Investments, and China Everbright Ltd. also participated. Mevion develops and sells proton therapy systems for cancer. The funding proceeds will support manufacturing expansion for the Hyperscan pencil beam scanning system, and will also help expand the company's business into emerging markets.
Deal Industry
  • Medical Devices
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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