Showing 5 of 29 posts with this tag
Xbiome Biotech Co., Ltd., an AI-based microbiome drug development company in Shenzhen, China, announced the completion of a B-round of financing totaling nearly $100 million.
Demeter Bio-Tech (Zhuhai) Co., Ltd., a microalgae product synthesis enterprise, has recently completed a pre-A round of financing totaling nearly 100 million yuan ($14.50 million).
BioHandler, a Shanghai-based life sciences tech startup, announced on July 18 that it has completed its first round of financing totaling nearly 100 million yuan ($14.8 million). This financing was jointly led by Proxima Ventures and GL Ventures.
In last week’s VC news: Chinese telematics powerhouse Pateo bagged a hefty 830 million yuan round of financing to help its R&D efforts; Space Transportation raised millions of dollars to build its hypersonic spaceplanes.
Nieng Yan, a Chinese structural biologist and dean of the Shenzhen Medical Academy of Research and Translation, stated in a December 18 Weibo post that family is one of the main reasons behind her recent return to China, also discussing her parents' experience of being infected by COVID-19.