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Eluminex Biosciences Closes $40+ Million Series B Financing To Continue The Development Of Innovative Ophthalmic Assets And Recombinant Human Collagen Technology

PRIVATEFeb 27, 2023

Amount Raised

$40 Million

Round Type

Series B

SuzhouBiotechnology

Investors

Oriza Holdings3 E Bioventures CapitalGuangzhou Yuexiu Industrial Investment Fund ManagementCenova Capital

Description

Eluminex Biosciences (Suzhou) Limited (Eluminex) officially announced today the closing of a Series B financing of over $40 million (USD). Financing was led by Cenova Capital with additional participation from Guangzhou Yuexiu Industrial Investment Fund Management, 3E Bioventures Capital, Oriza Holdings, and Series A investors.

Quick answer

Eluminex Biosciences raised $40 Million in a Series B round, dated February 27, 2023. Investors: Oriza Holdings, 3 E Bioventures Capital, Guangzhou Yuexiu Industrial Investment Fund Management and Cenova Capital. Eluminex Biosciences is based in Suzhou, Jiangsu, China.

How much did Eluminex Biosciences raise?
Eluminex Biosciences raised $40 Million in a Series B round on February 27, 2023.
Who invested in Eluminex Biosciences?
Oriza Holdings, 3 E Bioventures Capital, Guangzhou Yuexiu Industrial Investment Fund Management and Cenova Capital are named as investors in this round.
What does Eluminex Biosciences do?
Founded in February 2020, Eluminex Biosciences (Suzhou) Limited is a global biotechnology company focusing on ophthalmic diseases and recombinant human collagen technology.
Where is Eluminex Biosciences based and how big is it?
Eluminex Biosciences is based in Suzhou, Jiangsu, China.

Source: Fundz verified event record.

Who else raised in Biotechnology around the same time

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

  • Aer Therapeutics raised $36M (Series A) on April 13, 2023.
  • OncoLize raised $1.7M (Seed) on April 13, 2023.
  • Wheeler Bio raised $31M (Series A) on April 13, 2023.
  • Neuromod Devices raised $33M (Funding Round) on April 13, 2023.
  • ClinOne, Inc. raised an undisclosed amount (Series A) on April 13, 2023.
  • Persist AI raised $4.9M (Seed) on April 13, 2023.

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Company Information

Company

Eluminex Biosciences

Location

Suzhou, Jiangsu, China

About

Founded in February 2020, Eluminex Biosciences (Suzhou) Limited is a global biotechnology company focusing on ophthalmic diseases and recombinant human collagen technology. The company's headquarters and research and development center are located in BioBAY of Suzhou Industrial Park, with a US-campus based in South San Francisco, California. For more information, visit www.eluminexbio.com.

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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

Eluminex Biosciences 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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