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Dec 8/ Thursday

10:32 AM

Gene-editing Drug Developer GenAssist Wins Tens of Mns of USD in Series A Round

GenAssist (Chinese: 新芽基因), a gene-editing drug developer, announced that it had completed a Series A funding round worth tens of millions of USD. AstraZeneca-CICC Healthcare Industrial Fund (Chinese: 阿斯利康中金医疗产业基金) led this round, followed by Baidu Ventures (Chinese: 百度风投) and a well-known equity investment. Existing shareholder Sequoia Capital China (Chinese: 红杉中国) continued to invest. Taihecap (Chinese: 泰合资本) served as the exclusive financial advisor. Founded in 2020, GenAssist is committed to developing gene-editing drugs for various genetic diseases based on TAM (Targeted AID-based Mutagenesis) base editing technology platform. The funds will advance preclinical studies, IND filings, and clinical trials of the company's several base editing therapeutic pipelines.

Dec 1/ Thursday

Nov 30/ Wednesday

01:42 PM

Smart Medical Device Developer JancsiTech Secures Tens of Mns of CNY in Angel Round

JancsiTech (Chinese: 扬奇医芯) announced that it had completed an Angel round of financing worth tens of millions of CNY. This round was led by Yuanbio Venture Capital (Chinese: 元生创投), with participation from the existing investor Sequoia China Seed Fund (Chinese: 红杉中国种子基金). Hunger Capital (Chinese: 荒合资本) served as the exclusive financial advisor. The funds will be used to develop and innovate intelligent medical devices, accelerate the landing of products, and provide high-precision soft-hard integrated navigation systems and overall smart operating room solutions for radiotherapy.

Nov 28/ Monday

04:04 PM

Sinoview Raises Hundreds of Mns of CNY in Series A Round

Sinoview (Chinese: 华瓴科技) announced that it had completed a Series A round of financing worth hundreds of millions of CNY. This round was led by Shenzhen Capital Group Co., Ltd. (Chinese: 深创投), with participation from Hongtu Bailey Capital (Chinese: 鸿途贝利), Ningbo Xiongdilian Enterprise Management Partnership (Chinese: 雄棣涟) and other investors. The funds will be used for developing digital platforms, market expansion and establishing innovative businesses. Founded in June 2021, Hill Info Solution is committed to providing continuous iterative operation and management solutions to customers in pharmaceutical retail-related fields through a comprehensive digital platform based on SaaS.

Nov 25/ Friday

02:24 PM
Technology
Battery Service Provider TOPSOUND Bags Tens of Mns from Angel Financing Round

TOPSOUND(Chinese:领声科技), a battery ultrasonic non-destructive testing and monitoring service provider, bagged tens of millions of CNY from Angel financing round, led by CASSTAR(Chinese:中科创星), with participation by Juhua Chuanxin(Chinese:聚华传新). The funds will be mainly used to establish the company and develop new-generation products. Founded in 2022, TOPSOUND focuses on non-destructive testing and monitoring of batteries.

Technology

Nov 24/ Thursday

Nov 23/ Wednesday

Nov 22/ Tuesday

10:01 AM

IVD Product Developer UBBio Bags Tens of Mns of CNY in Series A Funding Round

UB biotechnology (Zhejiang) Co., LTD. (Chinese：泛肽生物科技（浙江）有限公司) recently announced its completion of a Series A round of financing worth tens of millions of CNY. This round was invested by Yuanbio Venture Capital (Chinese：元生创投), with Potential Capital (Chinese：取势资本) acting as the exclusive financial advisor. The funds will be primarily used for further R&D and market expansion in the flow cytometry technology platform, providing comprehensive solutions for accurate assessment of immune function for clinical patients.

Nov 18/ Friday

05:03 PM

Chinese Pet Product Manufacturer Tianyuan Pet to List on SZSE

Tianyuan Pet(Chinese:天元宠物) is listed on the ChiNext board of Shenzhen Stock Exchange today. The company's securities code is 301335. Tianyuan Pet is publicly offering 22.5 million shares, including 22.5 million IPO shares offered at 49.98 CNY per share and raising funds of CNY 1,125 million. The post-public-offering share capital of Tianyuan Pet is CNY 90 million in total. Hangzhou Tianyuan Pet Products Co., Ltd. is a manufacturer of pet products, including sponge dog kennels, cat jumpers, pet clothing and small toys. In 2021, its operating income reached CNY 1,854 million with the net profit of CNY 107.4306 million.

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