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Canton Biologics Completes Over 300 Million Yuan Series C Financing, Led By Sdic Venture Capital

PRIVATESep 18, 2023

Round Type

Series C

GuangzhouManufacturingBiotechnology

Investors

Chnin FinancialTaipu Life Science InvestmentGuangdong Technology Financial GroupSdic Venture Capital

Description

On September 13th, Canton Biologics Co., Ltd. announced that it had recently completed a Series C financing round exceeding 300 million yuan. This round of financing was led by SDIC Venture Capital, with participation from Guangdong Technology Financial Group, Taipu Life Science Investment, and Chnin Financial. The funds raised in this round will be channeled towards advancing the company's R&D in novel biotechnologies, scaling commercial production capabilities, and expanding its global strategic footprint.

Quick answer

Canton Biologics raised an undisclosed amount in a Series C round, dated September 18, 2023. Investors: Chnin Financial, Taipu Life Science Investment, Guangdong Technology Financial Group and Sdic Venture Capital. Canton Biologics is based in Guangzhou, Guangdong, China.

How much did Canton Biologics raise?
Canton Biologics raised an undisclosed amount in a Series C round on September 18, 2023.
Who invested in Canton Biologics?
Chnin Financial, Taipu Life Science Investment, Guangdong Technology Financial Group and Sdic Venture Capital are named as investors in this round.
What does Canton Biologics do?
Canton Biologics is the biggest Contract Development Manufacture Organization in the South China, providing the one-stop integrated solutions that meet international regulatory standards and cover early discovery to..
Where is Canton Biologics based and how big is it?
Canton Biologics is based in Guangzhou, Guangdong, China.
Who are the decision-makers at Canton Biologics?
Fundz holds 1 contact at Canton Biologics. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Manufacturing and Biotechnology around the same time

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

  • Genezen raised $19M (Private Equity) on November 2, 2023.
  • TendoNova raised $250K on November 1, 2023.
  • Gyre Therapeutics raised $5M on October 30, 2023.
  • Montinutra raised $2.2M (Seed) on October 26, 2023.
  • Planatome raised $6M on October 25, 2023.
  • VitaTek raised an undisclosed amount (Series A) on October 22, 2023.

Who to call at Canton Biologics, and when

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

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Company Information

Company

Canton Biologics

Location

Guangzhou, Guangdong, China

About

Canton Biologics is the biggest Contract Development Manufacture Organization in the South China, providing the one-stop integrated solutions that meet international regulatory standards and cover early discovery to commercialization for global innovative pharmaceutical enterprises. CMC:Leading End-to-End Biologics CMC platform,including Antibody Optimization, Cell Line and Process Development, Physiochemical, Biochemical, Characterization, Tech-Transfer and Clinical Bioanalysis commercial manufacturing:12+4 manufacturing lines complying with China, US and EU GMP standard, 50-2000L (batch, fed-batch, perfusion) DS and DP manufacturing We proudly provide premium development and production service for more than 100 customers, these successful projects include antibodies,fusion proteins,recombinant proteins, recombinant vaccines, microecological, Cell and Gene therapy and other biopharmaceuticals. With the values of "Reliable Efficient Innovative", we help the global biotech to improve efficiency of R&D significantly, and to reduce the costs of R&D and manufacturing.

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

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