Standard Testing Group Completes Series C Financing to Advance R&D and Multi-sector Technical Services

VCBeat has learned that STANDARD GROUP (hereinafter referred to as “STANDARD GROUP”) has recently completed its Series C financing round, with joint investments from Honghui Fund, Jinpu Investment, Yuanshan Fund, Qingdao High-Tech Venture Capital, and others. The proceeds will be used to accelerate the development of laboratory technical capabilities, facilitate the launch of new business lines, and further enhance the group’s comprehensive strength in testing and R&D.

STANDARD GROUP, established in 2014, is a comprehensive and diversified testing and R&D institution centered on the biopharmaceutical and life sciences sectors, with deep expertise in ecological environment, integrated trade, and innovative services. STANDARD GROUP has established laboratory bases in Qingdao, Suzhou, Guangzhou, Tianjin, Chongqing, Hefei, Shijiazhuang, and other cities, and has obtained more than 80 qualifications and accreditations, including CMA (China Metrology Accreditation), CNAS laboratory accreditation (ISO/IEC 17020 & ISO/IEC 17025), GLP (Good Laboratory Practice) certification, forensic judicial appraisal, metrological calibration, and management system certifications. Adhering to R&D innovation as its engine, standardization as its foundation, and testing, metrology, and certification as its core tools, STANDARD GROUP strengthens its support for key industrial clusters and regional industrial chains, committing itself to enhancing product quality, safeguarding human health, and advancing ecological civilization.

STANDARD Biopharma is dedicated to building an integrated service platform for pharmaceutical R&D and testing, helping pharmaceutical companies effectively shorten drug development cycles. It has assisted clients in completing over 2,000 drug registration filings. STANDARD Life Sciences possesses comprehensive testing qualifications and R&D capabilities for passive medical devices, active medical devices, cosmetics, and health foods, fully supporting clients in expediting the R&D and registration pathways for new products. STANDARD Comprehensive Trade provides specialized technical services such as standardized testing, product performance research, and lifespan assessment for sectors including new energy, new materials, high-end equipment, and rail transit. STANDARD Ecological Environment offers one-stop environmental protection services encompassing monitoring, consulting, and engineering, and is recognized as a “Specialized, Refined, Differential, and Innovative” enterprise in China’s solid waste identification sector.

Han Lianchao, Founder of STANDARD GROUP“The trust and support from investment institutions are the driving force behind our business development. STANDARD GROUP will continue to be customer-centric, leverage the power of capital to continuously strengthen investment in technological innovation, maintain sustainable competitive advantages, contribute STANDARD’s strength in compliance, safety, health, and sustainable development, and reward investors and society with outstanding operational performance.”

Honghui Team“STANDARD GROUP is a comprehensive, third-party testing institution with professional qualifications across multiple industries. We look forward to the synergistic development of the all-encompassing testing and R&D services provided by STANDARD GROUP with the biopharmaceutical and technology enterprise ecosystem invested in by Hui Capital.”