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Shenzhen Keyto Fluid Control Co., Ltd, a China-based manufacturer of precision fluid control components, has reportedly raised over RMB 100 million (USD 14.86 million) in a Series C financing round. The funding was led by Kinghall Ventures, with contributions from Hawkins Capital and Plow Capital. The proceeds will be used…
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China Innovation Instrument (Cii Tech), a life sciences instrument maker based in Ningbo, has reportedly raised “tens of millions” of renminbi in a Pre-Series A financing round. The funding was solely led by a fund from Oak Acorn Capital. The proceeds will be allocated towards the research and development of…
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TechnoDerma Medicines Inc., a Zhejiang-based developer of dermatology small molecules, has reportedly raised “tens of millions” of renminbi in a Series A+ financing round. The funding was led by Chengdu Biological City No. 1 Equity Investment Fund Partnership and Chengdu High-tech New Economy Venture Capital. The proceeds will be used…
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Hangzhou-based Med Vision Technology Co., Ltd. has successfully completed an A+ round financing, raising several tens of millions of RMB. This round was led by Hangzhou Lingxin, with existing shareholder Mifang Health Fund participating. With this financing, Med Vision has cumulatively raised over 100 million RMB in its Series A…
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Med Vision, a Hangzhou-based digital therapy specialist, has reportedly raised “tens of millions” of renminbi in a Series A+ financing round. The funding was led by Hangzhou Lingxin Enterprise Management Partnership, with a contribution from existing investor Med-Fine Capital. The proceeds will be used to accelerate the commercialization of multiple…
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Bioantibody Biotechnology Co., Ltd, a Nanjing-based in vitro diagnostics (IVD) and biologic company, has reportedly raised close to RMB 100 million (USD 14.8 million) in a Series A financing round. The funding was led by FangFund, with contributions from Nanjing New Industry Investment Capital, Guoqian Venture Investment Management, and Bondshine…
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MediTrust Health, the insurance, financing, and direct-to-patient pharmacy subsidiary of China-based Shanghai Pharmaceuticals Holding Co., Ltd, has raised an undisclosed amount in a Series C+ financing round. HSBC joined as a strategic investor, alongside other strategic shareholders including SPH, China Life Reinsurance Co., Ltd, and Shanghai Healthcare Capital (SHC). Focus…
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China-based biotech BeiGene (Nasdaq: BGNE, HKG: 6160) provided an update on its company strategy and R&D plans at this week’s J.P. Morgan Healthcare Summit in San Francisco. BeiGene CEO John Oyler presented the firm’s globally disruptive R&D model, which includes in-house discovery capabilities and new treatment modalities set to drive…
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Gaoling Medical, a Hangzhou-based developer of systemic infrared thermotherapy technology, has raised an undisclosed amount of money through a strategic financing round led by Huaxia Hengtian. The company’s technology integrates neurobiology, bioenergetics, and medical immunology, focusing on improving core body temperature to address sub-health conditions and various diseases. Therapeutic Applications…
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China Resources Biopharmaceutical Co., Ltd has announced the completion of a Series B financing round, raising RMB 600 million (USD 88.5 million). The funding was led by China Structural Reform Fund, with contributions from China State-owned Enterprise Mixed Ownership Reform Fund, CCB PE, Technology Financial Group, and Guolian Group. The…
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Changzhou Sifary Medical Technology Co., Ltd, a China-based platform for the globalization of oral medical instruments, has reportedly raised “hundreds of millions” of renminbi in a Series B financing round. The funding was led by GF Xinde Investment, with contributions from Motianshi Investment and Youshuo Venture Capital. The proceeds will…
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Shenzhen-based biotechnology company Rhegen Bio, specializing in mRNA technology, has reportedly raised RMB 100 million (USD 14.7 million) in a pre-Series B financing round. The funding was led by Fer-Capital Investment, with participation from Sequoia Capital China and other existing investors. The proceeds will be used to support clinical trials…
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Singular Medical, a Suzhou-based maker of cardiac rhythm and heart failure devices, has reportedly raised “hundreds of millions” of renminbi in a Series B+ financing round. The funding was led by Lotus Lake Capital and Kangyu Capital, with participation from existing investor Qiming Venture Partners. The proceeds will be used…
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China – based Sihuan Pharmaceutical Holdings Group Ltd (HKG: 0460) has announced the successful completion of a Series A + financing round for its subsidiary Hui Sheng Bio – pharmaceutical Co., Ltd. The funding round was led by Jilin Baixing Bairong Investment Center, with additional contributions from Jilin Province Private…
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Inscinstech Inc., a leading specialist in biological separation technology based in Suzhou, China, has successfully raised a total of RMB 150 million (USD 21.73 million) across its Series A+, B, and B+ financing rounds. The funding rounds were led by ESCO Lifesciences Group, Luxin Venture Capital, and Qiming Venture Partners,…
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Guangdong Raynovent Biotech Co., Ltd, a controlling subsidiary of China-based Guangdong Zhongsheng Pharmaceutical Co., Ltd (SHE: 002317), has reportedly raised RMB 370 million (USD 53.72 million) in a Series C financing round. The round was co-led by Yide Private Equity Investment Fund Management (Guangzhou) Co., Ltd and Efung Capital, with…
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Immunohead Biotechnology Co., Ltd, a cell therapy developer based in Suzhou, has reportedly raised close to RMB 200 million (USD 28.89 million) in a Series A+ financing round. The round was led by SDIC Venture Capital, with participation from the Bio-Town Equity Investment Fund. The proceeds will be used to…
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China-based Sichuan Kelun Pharmaceutical Co., Ltd (SHE: 002422) has announced the completion of a financing round at RMB 1.5 billion (USD 215.53 million) for its subsidiary Sichuan Kelun-Biotech Biopharmaceutical Co., Ltd. Kelun maintains majority control of the subsidiary with a 59.75% stake, increased from 55.41%. Merck, Sharp & Dohme (MSD;…
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Shenzhen-based heart failure mechanical circulatory support solutions provider, Shenzhen Core Medical Technology Co., Ltd, has reportedly raised “hundreds of millions” of renminbi in a Series C financing round. The round was led by investors including Yuanhenglizhen Management, Cornerstone Capital, Salubris Pharma, Nanshan SEI Investment, Beihang Investment, New Alliance Capital, and…