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EurekaBio raised $40M in a Series B+ funding led by Yeuxiu Industrial Fund to support the commercialization of its EuLV™ Lentiviral Vector Production System.

Mar 10, 2024almost 2 years ago

Amount Raised

$40 Million

Round Type

series b

ShenzhenBiotechnology

Investors

Us FundsChina FundsYeuxiu Industrial Fund

Description

EurekaBio closed a $40 million Series B+ funding led by Yeuxiu Industrial Fund to support the commercialization of its EuLV™ Lentiviral Vector Production System, a technology that the company believes could transform large-scale production of lentiviral vectors.

Company Information

Company

EurekaBio

Location

Shenzhen, Guangdong, China

About

EurekaBio is a biotechnology company focusing on developing the EuLV™ Lentiviral Vector Production System for large-scale production of lentiviral vectors.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech