Magilit Bio-Technology

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Magilit Bio-Technology - overview

Established

2015

Location

Ningbo, Zhejiang, China

Primary Industry

Medical Devices & Equipment

About

Founded in 2015 and based in Ningbo, China, Magilit Bio-Technology operates as a medical device manufacturing company that focuses on providing sleeping eye mask and related products. In October 2015, Magilit Bio-Technology raised a pre-series A funding for CNY 15 million from new investor Xilinmen Furniture Co. , Ltd. Magilit Bio-Technology mainly engages in the research and development of smart eye masks, as well as the application of EEG (electroencephalogram) technology.


The main product is the EEG-based sleep aid smart hardware, Shendeng Sleep Mask, which applies EEG monitoring technology and bio-closed-loop feedback technology to the sleep field. Products has the functions of sleep quality detection, sleep improvement, simulated sunrise awakening, etc. The Shendeng Sleep Mask can be used in conjunction with the company's self-developed Shendeng Sleep Manager software. The company generates revenue by selling sleeping eye mask and related products.


Current Investors

Xilinmen Furniture Co., Ltd, Ningbo Science and Technology Financial Service Center

Primary Industry

Medical Devices & Equipment

Sub Industries

Monitoring Equipment, Therapeutic Devices, Hardware

Verticals

Manufacturing, Wearables & Quantified Self

Company Stage

Angel & Seed

Total Amount Raised

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