Home WeXin Bio Completes Tens of Millions RMB Angel Funding to Build a Data-Driven Microbiome Engineering Platform

WeXin Bio Completes Tens of Millions RMB Angel Funding to Build a Data-Driven Microbiome Engineering Platform

Apr 19, 2023 08:00 CST Updated 08:00

VCBeat has learned that Shenzhen Weixin Biotechnology Co., Ltd. (hereinafter referred to as “Weixin Bio”) recently completed an angel round of financing amounting to tens of millions of yuan, led byHeda Biopharmaceutical Industry FundLead investor,Yayi Capital, Voyong FundCo-investment.

 

Shenzhen Weixin Biotechnology Co., Ltd., established in June 2022, is a biotechnology company co-founded by young scientists returning from overseas and senior executives from venture capital firms. The company is dedicated to building a data-driven microbiome engineering platform by integrating artificial intelligence and synthetic biology technologies. It develops functional microbes and bioactive substances that promote the health of crops, animals, and humans, providing innovative products and solutions for agriculture, carbon neutrality, and general health sectors.

 

Dr. Lei Dai, Founder and Chief Scientist of the Company, graduated from the Massachusetts Institute of Technology (MIT) in the United States, and has long been deeply engaged in the fields of microbiomics and synthetic biology. After returning to China in 2018, he joined the Shenzhen Institutes of Advanced Technology, Chinese Academy of Sciences, where he serves as a doctoral supervisor and Director of the Center for Synthetic Microbiomes. In 2019, he was named to the MIT Technology Review China’s “Innovators Under 35” list.


Mr. Chen Yin, Co-founder and CEO,A graduate of Shanghai University of Finance and Economics, this individual is a seasoned practitioner in China’s venture capital industry, with extensive experience in industrial investment and management within the biopharmaceutical and broader healthcare sectors.

 

Following the completion of this round of financing, Weixin Biotechnology has actively responded to the pioneering “Upstairs-Downstairs Innovation and Entrepreneurship Complex” model initiated by the Shenzhen Institute of Advanced Technology, Chinese Academy of Sciences (CAS), and has settled into the Shenzhen Engineering Biology Industry Innovation Center. Leveraging the high-throughput, automated experimental platform of the “Shenzhen Major Basic Research Facility for Synthetic Biology,” jointly established by CAS and the Shenzhen Municipal Government, the company has significantly enhanced the efficiency of translating its scientific innovations into industrial applications.


Shenzhen Weixin Biotechnology Co., Ltd.’s long-term vision is to create a “new” life with “micro”organisms. In addition to accelerating the development of its existing pipeline, the company is actively seeking more industry partners and strategic collaborators to jointly promote the practical application of microbiome engineering across various sectors, such as pet healthcare, beauty and skincare, and nutritional supplements. This effort aims to transform cutting-edge scientific discoveries from “knowledge through creation” into tangible societal benefits through “application through creation.”