Tech Company Financing Transactions

Applied StemCell Funding Round

Hermed Capital, Biosciences Research and Commercialization Center and Ping An Group participated in a $19 million Series D capital raise for Applied StemCell. The round closed on 6/7/2016.

Transaction Overview

Company Name
Announced On
6/7/2016
Transaction Type
Venture Equity
Amount
$19,000,000
Round
Series D
Investors
Proceeds Purpose
The company intends to use the proceeds to accelerate the development of its pipeline, expand its gene editing platform technology, as well as to continue to strengthen its leading intellectual property portfolio.

Company Information

Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
521 Cottonwood Dr. 111
Milpitas, CA 95035
USA
Email Address
Overview
Applied StemCell Inc. (ASC) is a fast growing biotechnology company headquartered in Milpitas, California. Our goal is to advance gene-editing and stem cell innovation for biomedical research and the biotechnology industry.
Profile
Applied StemCell LinkedIn Company Profile
Social Media
Applied StemCell Company Twitter Account
Company News
Applied StemCell News
Facebook
Applied StemCell on Facebook
YouTube
Applied StemCell on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ruhong Jiang
  Ruhong Jiang LinkedIn Profile  Ruhong Jiang Twitter Account  Ruhong Jiang News  Ruhong Jiang on Facebook
Chief Scientific Officer
Ruby Chen-Tsai
  Ruby Chen-Tsai LinkedIn Profile  Ruby Chen-Tsai Twitter Account  Ruby Chen-Tsai News  Ruby Chen-Tsai on Facebook
Co-Founder
Michael Cleary
  Michael Cleary LinkedIn Profile  Michael Cleary Twitter Account  Michael Cleary News  Michael Cleary on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/7/2016: Triller venture capital transaction
Next: 6/7/2016: Signal venture capital transaction

 

Share this article

 


About Our Venture Capital Transactions Database

We report on all VC transactions involving tech companies. VC investment data records reported here come from news reports and company announcements. The information 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