Cell-based biomedical equipment manufacturer and seller “Yuanneng Bio” completed 410 million yuan in Series A financing

On May 30, Shanghai Yuanneng Bio-Cryogenic Equipment Co., Ltd. (“Yuanneng Bio”) announced that it has completed a 410 million yuan Series A financing. This round of financing is based on the continued investment of the original shareholders, listed companies Kaineng Health (stock code: 300272), Huali Family (stock code: 600503), Gaosen series funds and employee stock ownership platforms. The founder and chairman of the company, Mr. Qu Jianguo, and Lishui Gao Sen Fund and others actively followed the investment.

Funds from this round of financing will be mainly used to build Yuanneng Bio’s own intelligent manufacturing base to meet future large-scale production and development needs; as well as continue to deepen the R&D, manufacturing and iterative upgrade of automated low-temperature biological sample storage equipment, as well as global sales channel layout and services Network construction and industrial chain mergers and acquisitions, etc. This round of financing will lay a solid foundation for Yuanneng Bio to start a group-based manufacturing layout and advance its future listing plan.

Yuanneng Bio is a manufacturer and seller of cell biomedical equipment, and its products are fully automatic ultra-low temperature cell biological storage equipment and cell bank (large cell biological sample bank). Since the establishment and development of the company in 2017, Yuanneng Bio has successively established scientific and technological strength platforms such as the cryogenic freezing biotechnology platform, 5G joint innovation center and joint innovation laboratory, Shanghai expert workstation, and Pudong New Area post-doctoral enterprise scientific research workstation; The former chairman of the society, the team of Professor Gao Dayong of the University of Washington, the team of Professor Liu Baolin of Shanghai University of Science and Technology, the team of Shanghai Jiaotong University Institute of Automation and other outstanding scientists and consultants have carried out diversified cooperation in the field of low temperature storage.