Fundz

Accro Bioscience Inks Over $50M Series B Round

PRIVATEJan 05, 2022

Amount Raised

$50 Million

Round Type

Series B

SuzhouCommerce and ShoppingFood and BeverageHealth Care

Description

Accro Bioscience (Suzhou) Co., LTD. ("Accro Bioscience"), a China-based leading biotechnology company, announced that the company has recently raised over $50 million in an oversubscribed Series B round. The financing was led by Hongtai Aplus with participation from South China Venture Capital, Shenzhen Capital Group, Suzhou Oriza Holdings, and others.

Quick answer

Accro Bioscience raised $50 Million in a Series B round, dated January 5, 2022. Accro Bioscience is based in Suzhou, Jiangsu, China.

How much did Accro Bioscience raise?
Accro Bioscience raised $50 Million in a Series B round on January 5, 2022.
What does Accro Bioscience do?
Accro Bioscience was established in late 2017 and raised exclusive series A investment from Morningside Ventures.
Where is Accro Bioscience based and how big is it?
Accro Bioscience is based in Suzhou, Jiangsu, China.

Source: Fundz verified event record.

Who else raised in Commerce and Shopping and Food and Beverage around the same time

Companies in the same sectors as Accro Bioscience that raised within 45 days of this round, from Fundz verified event records.

  • Roundtrip raised an undisclosed amount (Funding Round) on December 14, 2021.
  • Oben Electric raised $1M (Seed) on January 24, 2022.
  • Foxtrot raised $100M (Series C) on January 11, 2022.
  • Hungry Panda raised $130M (Series D) on December 17, 2021.
  • Gopuff raised $1.5B (Funding Round) on December 16, 2021.
  • BioLumic raised $1.3M (Seed) on December 3, 2021.

Who to call at Accro Bioscience, and when

A new round usually means Accro Bioscience is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Accro Bioscience

Location

Suzhou, Jiangsu, China

About

Accro Bioscience was established in late 2017 and raised exclusive series A investment from Morningside Ventures. The company's research centers on the molecular mechanism of regulated cell death such as necroptosis, pyroptosis, and ferroptosis, which are associated with major human diseases. Accro Bioscience's core R&D team has over 10 years of experience in biological research in regulated cell death and medicinal chemistry. Dr. Xiaohu Zhang, co-founder and CEO of Accro Bioscience, is a pharmaceutical industry veteran and previously served as the Executive Director at BioDuro/PDD China, Dr. Sudan He, co-founder, and scientific consultant at Accro, is a distinguished scholar. SOURCE Accro Bioscience

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Accro Bioscience raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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