Tech Company Financing Transactions

Sciwind Biosciences Funding Round

IDG Capital Partners, Loyal Valley Capital and Lyfe Capital participated in a $70 million Series C funding round for Sciwind Biosciences. The round was announced on 10/16/2021.

Transaction Overview

Announced On
10/16/2021
Transaction Type
Venture Equity
Amount
$70,000,000
Round
Series C
Investors

IDG Capital Partners (Lead Investor)

Loyal Valley Capital (Lead Investor)

Lyfe Capital (Lead Investor)

Proceeds Purpose
The company intends to use the funds to advance clinical development of its proprietary GLP-1 receptor agonism candidates and anticipates.

Company Information

Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
3001 Bishop Dr. 300
San Ramon, CA 94583
USA
Phone
Undisclosed
Email Address
Overview
We are a fast-growing clinical-stage biopharmaceutical company developing a portfolio of therapeutic candidates for metabolic disease. Our goal is to develop first-in-class and best-in-class single-agent and combination treatments to benefit patients with obesity, type 2 diabetes, and non-alcoholic steatohepatitis (NASH).
Profile
Sciwind Biosciences LinkedIn Company Profile
Social Media
Sciwind Biosciences Company Twitter Account
Company News
Sciwind Biosciences News
Facebook
Sciwind Biosciences on Facebook
YouTube
Sciwind Biosciences on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Hai Pan
  Hai Pan LinkedIn Profile  Hai Pan Twitter Account  Hai Pan News  Hai Pan on Facebook
Chief Scientific Officer
Xinle Wu
  Xinle Wu LinkedIn Profile  Xinle Wu Twitter Account  Xinle Wu News  Xinle Wu on Facebook
President
Weidong Zhong
  Weidong Zhong LinkedIn Profile  Weidong Zhong Twitter Account  Weidong Zhong News  Weidong Zhong on Facebook
Vice President
Martijn Fenaux
  Martijn Fenaux LinkedIn Profile  Martijn Fenaux Twitter Account  Martijn Fenaux News  Martijn Fenaux on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/16/2021: Nexla venture capital transaction
Next: 10/16/2021: AwareHQ.com venture capital transaction

 

Share this article

 


About Our VC Transactions Data

We do our best to record every notable VC transaction. VC transactions on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary