Genfleet Therapeutics Raises $75 Million In Series C Financing Led By Huagai Capital, To Advance Innovative Pipeline Highlighting Cutting-Edge Therapies
Genfleet Therapeutics Raises $75 Million In Series C Financing Led By Huagai Capital, To Advance Innovative Pipeline Highlighting Cutting-Edge Therapies
12/31/21, 6:00 AM
Location
shanghaiMoney raised
$75 million
Round Type
series c
GenFleet Therapeutics, a clinical-stage biotechnology company with a focus in cutting-edge therapies in oncology and immunology, today announced the completion of $75 million (~500 million RMB) series C financing. This round of financing is led by Huagai Capital, with participation by new investors including Suxin Venture Capital, Cherami Investment Group, ABC International, DYEE Capital, Qiaojing Eastern Investment, Baidu Venture, and Wenzhou Capital. Existing investors including Lake Bleu Capital, Panlin Capital, Shanjin Asset, CDH Venture and Growth Capital, HM Capital also participated. Start Point Advisors act as the sole financial advisor.
Company Info
Location
shanghai, shanghai, china
Additional Info
Dedicated to serving significant unmet medical needs, GenFleet Therapeutics established its proprietary R&D platform based on the deep understanding of disease biology, translational medicine, as well as researches into latest biological mechanism of cancer pathways, tumor microenvironment and human immunoregulation. GenFleet's rich and diversified pipeline highlights multiple cutting-edge products with novel mechanisms and global IP.
Through years of endeavor, GenFleet has set up industry-leading capabilities and expertise in developing novel drugs - both small molecules and biologics. Its cutting-edge pipeline includes over 10 products, many of which have progressed into clinical stages. As more projects move into late-stage clinical trials, GenFleet is expected to unravel its blueprint of commercialization during the next 3-5 years.
SOURCE GenFleet Therapeutics