Aden Technology Raised CNY 200 Mn in Series B

Healthcare Author: Fuller Wang Mar 31, 2022 08:17 PM (GMT+8)

Based on the classification of artificial intelligence diseases, the company focuses on the deep mining of big data and the application of artificial intelligence in the medical industry.

Wonderful health

Recently, Aden Technology (Yading Data), a big data AI company of DRG sector medical services, has completed its Series B financing of CNY 200 million, led by Eastenbell Capital and jointly participated by Legend Star Investment and Innovation Ventures. This financing round will be used for the continuous research, the construction of a sales team and relevant market development. Previously, the company obtained a round of financing led by Innovation Ventures already.

Aden technology was founded in 2016. Based on the classification of artificial intelligence diseases, it focuses on the deep mining of big data and the application of artificial intelligence in the medical industry. So far, it has provided DRG / Dip based medical services to nearly 4,000 medical institutions. Implementing DRG can alleviate the pressure on medical insurance funds to a certain extent, and relevant data are expected to be an essential source of medical insurance cost control and medical big data. DRG increases the service transparency and better supervises the medical behaviour of the hospital to improve the efficiency, quality and satisfaction of hospital services.

Yang Xiaolong, a partner of Innovation Ventures, pointed out that Aden Technology evaluates the efficiency and value of medical services from the perspective of commercial and social resources. Medical value evaluation is the basis of realizing medical payment reform, value-oriented medical treatment and medical equity. It is possible to bring changes to the industry and contribute to society.