PhaBuilder

company

About

PhaBuilder is a biotechnology company that transforms genetic programs in nature to create new chemical molecules and materials.

  • 51 - 100

Details

Last Funding Type
Series A
Last Funding Money Raised
¥250M
Industries
Biotechnology
Founded date
Feb 1, 2021
Number Of Employee
51 - 100
Operating Status
Active

PhaBuilder is a platform-based & product-based company with advanced technology in synthetic biology, focusing on the transformation and engineering application of halophilic microbes.

PhaBuilder was founded in February 2021 by Professor Guoqiang Chen, director of the Center for Synthesis and Systems Biology at Tsinghua University. It mainly uses the cutting-edge "Next Generation Industrial Biotechnology(NGIB)" to develop and produce a variety of high-value-added products such as PHA - a biodegradable material, ectoine - a pharmaceutical intermediate, and cadaverine - a Nylon 56 precursor.

PhaBuilder currently has two PHA plants under construction - the synthetic biology intelligent development plant in Beijing China-Germany Industrial Park and the 10 kt/annum plant in Yichang, Hubei Province. It also plans to build up 3-5 large-scale production bases throughout China within five years.

At present, PhaBuilder has completed two rounds of financing, raising around 300 million yuan in total. The investors include Sequoia Capital, China State-owned Enterprise Mixed Ownership Reform Fund, and GRC SinoGreen Fund, etc.

In the future, PhaBuilder will constantly promote synthetic biotechnology to deeply integrate with people's lives and upgrade the intelligent biological manufacturing industry, in order to achieve PhaBuilder's core mission of "Using microbes to change the world and build a green future".

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
¥300M
PhaBuilder has raised a total of ¥300M in funding over 2 rounds. Their latest funding was raised on Jan 17, 2022 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 17, 2022 Series A ¥250M 2 Detail
Jul 26, 2021 Angel ¥50M 2 Detail

Investors

Number of Lead Investors
Number of Investors
4
PhaBuilder is funded by 4 investors. Beijing Linkong Xingrong Investment and Huakong Electronics (Tianjin) Investment Management are the most recent investors.
Investor Name Lead Investor Funding Round
Beijing Linkong Xingrong Investment Series A
Huakong Electronics (Tianjin) Investment Management Series A
Ningbo Qiwu Management Consulting Partnership Angel
SEE Fund Angel