Fundz

Gbb Lands Usd 15M Pre-Series B Funding Led By Tiger Jade Capital

PRIVATESep 14, 2022

Amount Raised

$15 Million

Round Type

Series B

ChinaFinancial ServicesSoftwareData And AnalyticsScience And EngineeringArtificial Intelligence

Description

Great Bay Bio (hereinafter referred to as "GBB") is pleased to announce today the completion of its USD 15M Pre-series B funding led by Tiger Jade Capital (hereinafter referred to as "Tiger Jade"). The funding was oversubscribed and upsized with participation from one of the world's top life science MNCs, AEF Greater Bay Area Fund (managed by Gobi Partners GBA), and Vectr Ventures, as well as existing institutional investors. The Pre-series B round was advised by DL Securities, a boutique investment bank based in Hong Kong. Tiger Jade was seeded by TigerMed, one of the largest CROs of clinical trials in PRC and covers over 300 companies/clients in its ecosystem, all of which may require services from GBB directly or indirectly

Quick answer

GBB raised $15 Million in a Series B round, dated September 14, 2022. GBB is based in China.

How much did GBB raise?
GBB raised $15 Million in a Series B round on September 14, 2022.
What does GBB do?
Great Bay Bio (GBB), headquartered in Hong Kong, was founded in 2019 with extensive footprint in the Greater Bay Area.
Where is GBB based and how big is it?
GBB is based in China.

Source: Fundz verified event record.

Who else raised in Financial Services and Data And Analytics around the same time

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

  • FourKites, Inc. raised $10M (Corporate Round) on September 27, 2022.
  • PassiveLogic raised $15M (Funding Round) on September 20, 2022.
  • Spice AI, Inc. raised $14M (Seed) on September 7, 2022.
  • FourKites, Inc. raised $30M (Funding Round) on August 26, 2022.
  • Inworld AI raised $50M (Series A) on August 23, 2022.
  • Tactic raised $11M (Funding Round) on September 27, 2022.

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Company Information

Company

GBB

Location

China

About

Great Bay Bio (GBB), headquartered in Hong Kong, was founded in 2019 with extensive footprint in the Greater Bay Area. Adhering to the corporate vision of "Global Bioprocessing Made Simpler and More Efficient", GBB is committed to applying AI and other cutting-edge technologies to promote bioprocessing innovations, thus solve pain points, such as long timelines, high cost and low success rate, in drug development. GBB takes improving human life, health and value as its long-term goal.

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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

GBB 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.