Software Developer King’s Soft Raises Tens of Millions of CNY in Series A+ Financing Round

Healthcare Author: Manyu Zhang Editor: Yiru Qian May 10, 2022 11:13 AM (GMT+8)

The company will accelerate its deployment in the field of laboratory automation, especially the application in the fields of biomedicine and life sciences such as new drug research and development, gene sequencing, and clinical diagnosis.

Medical health

King’s Soft (Chinese: 青软青之), a Chengdu-based software developer, received tens of millions of CNY (millions of USD) from GL Ventures in a Series A+ financing round.

Global provider of end-to-end solutions PerkinElmer served as its existing investor.  

After this round of financing, King’s Soft will continue to develop laboratory software businesses such as LIMS (laboratory information management system), and independently spin off the company's automation division and establish a wholly-owned company "King’s Soft Intelligent Control". 

Founded in 2016, King’s Soft is a high-tech enterprise focusing on product R&D and services in the field of laboratory and quality. The company uses King's as the brand in the field of laboratory software.

King’s Soft has independently developed and owned complete intellectual property rights since its establishment. The product lines include LIMS, ELN (electronic laboratory notebook), SDMS (equipment data acquisition and scientific data management system).

In the field of automation, King’s Soft Intelligent Control advocates "software-defined automation", and its product lines include King'sAPS (advanced planning and scheduling), King'sAuto and King'sAI. Through cooperation with PerkinElmer, the firm is committed to providing automation hardware and software solutions that combine international quality with the price advantages of a domestic supply chain for customers.

King’s Soft and PerkinElmer have been closely cooperating since 2020 in the fields of LIMS and laboratory automation. They have successfully co-launched a number of solutions, such as the explorer™ G3 fully automated integrated nucleic acid detection system with a daily testing capacity of 10,000 people.

Domestic competitors of King’s Soft include Winning Health (300253:SZ), DHC Software (002065:SZ), Neusoft (600718:SH), B-soft (300451:SZ) and Wonders Information (300168: SZ).