Tech Company Financing Transactions
Great Bay Bio Funding Round
Tiger Jade Capital, AEF Greater Bay Area Fund and Gobi Partners participated in a $15 million Series B funding round for Great Bay Bio. The round closed on 9/13/2022.
Transaction Overview
Company Name
Announced On
9/13/2022
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series B
Investors
Tiger Jade Capital (Lead Investor) (Jasper Jiang)
Proceeds Purpose
The funds raised will mainly be used to accelerate the development of AI-empowered bioprocessing platforms, the construction of production facilities; as well as the establishment of a global commercial development team. Looking ahead, GBB will strive to develop and provide an "end-to-end" AI-enabled bioprocessing platform to satisfy the R&D and commercial demands of global customers.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
Unit 105-106, Biotech Centre 2 Hong Kong Science Park, Shati
Hong Kong, Undisclosed
HK
Hong Kong, Undisclosed
HK
Phone
Website
Email Address
Overview
Great Bay Bio (GBB), headquartered in Hong Kong, was founded in 2019 with extensive footprint in the Greater Bay Area. Adhering to the corporate vision of "Global Bioprocessing Made Simpler and More Efficient", GBB is committed to applying AI and other cutting-edge technologies to promote bioprocessing innovations, thus solve pain points, such as long timelines, high cost and low success rate, in drug development. GBB takes improving human life, health and value as its long-term goal.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Kingsley Leung
Chief Executive Officer
Liang Chen
Chief Technical Officer
Sean Deng
Browse more venture capital transactions:
Prev: 9/13/2022: Hone venture capital transaction
Next: 9/13/2022: Goldsky venture capital transaction
Share this article
News on VC Transactions
We do our best to report on every notable VC transaction. VC transactions reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs