Tech Company Financing Transactions
LeadArt Technologies Funding Round
On 1/2/2023, LeadArt Technologies secured $6 million in Series A funding from BlueRun Ventures.
Transaction Overview
Company Name
Announced On
1/2/2023
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Series A
Investors
BlueRun Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to advance the development of its automated chemoproteomics platform and the creation of a human target-probe database.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
Building C3, Qidi Science and Technology Park, Zhongguan Wes
Ningbo, 315201
CN
Ningbo, 315201
CN
Phone
Undisclosed
Website
Email Address
Overview
LeadArt Biotechnologies Inc., founded in 2022, is a subsidiary company of Ningbo LeadArt Biotechnology Co., LTD., founded in 2017. LeadArt is the first biotechnology company in China and one of the few in the world that has mastered breakthrough chemical proteomics technology. The company also has mature biotechnology automation equipment development and proven productization capabilities. Powered with state-of-art biotechnology and advanced automation technology, LeadArt is building the largest and leading live cell target-probe database in the world and aspired to expand the drug target space and speed up drug discovery.
Management Team
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