Denovo Biopharma just recently completed its B-series round of financing raising RMB 300 million with investments from Jiuyo Capital, Sangel Capital, Share Capital, Zheshang Industrial Integration, Yuexiu Capital, Gan Zhan Capital, and Wen Fang Technology
Vedanta Biosciences is one of the top companies worldwide developing consortia of microbiome with drug-like properties. Vedanta’s self-developed technologies can precisely control these consortia with drug-like properties, thus overcoming the need to deal with the inconsistencies of directly sourced fecal donor material. Vedanta has brought a number of products through clinical testing. The rights of two of Vedanta’s products were sold to large international pharmaceutical companies including BMS and Janssen for further development. This most recent capital raise is an example of a Chinese investment bank raising capital in the Asia Pacific region for a company outside of China. This transaction is a testament to CEC Capital’s strong grasp of internationally cutting-edge technologies as well as its comprehensive investor coverage in the Asia Pacific region.
On July 24th, 2019, Freenome, a well-known US company in the field of cancer screening, announced the completion of a USD 160 million Series B round of financing. The round of financing was led by RA Capital Management and Polaris Partners. CEC Capital pa
The world leader in tumor immunotherapy—Oncologie—has just received USD80 million through its series B financing round. The round was led by Nan Fung Life Sciences and Pivotal BioVentures China. Follow investors included Panacea Ventures, Hualing Capital, Zheshang Industrial Integration Holdings, Jiuyou Fund, Volcanics Ventures, Korea Investment Partners and KB Investment. CEC Capital served as the chief financial adviser to Oncologie during this round of financing.
Tencent Trusted Doctor Group (hereinafter referred to as “Tencent Trusted Doctor”), the largest non-public medical service platform in China, has raised $250 million in its most recent fundraising round. This round of financing was jointly led by Country Garden Holdings, Tencent, and GAW Capital. Follow investors included CMB International, Harvest Wealth, Russia-China Investment Fund, Sequoia China, SenseGain, and AVIC Trust. This was the first round of investment since the merger between Tencent Doctorwork and Trusted Doctors in 2018. CEC Capital acted as the sole financial adviser to Tencent Trusted Doctor for this round of financing.