# Astatech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/astatech

- Industry: Biotechnology
- Headquarters: Chengdu, China
- Website: www.astatech.com
- Total disclosed funding: $30M
- Latest round: Series B (Jul 29, 2022)
- Investors on record: 6

## About

Based in Chengdu, China, and founded in 2005, Astatech operates as a manufacturer of small molecule drug intermediates. The company has an R&D lab and a kilo laboratory. It also has multiple manufacturing sites in Sichuan and Gansu which will be ready to operate in 2022. As of 2022, the company has more than 420 employees, including more than 200 chemists, among which 16 are Ph.Ds. It has filed 130 patent applications and 79 patents have been granted. In 2022, it established a wholly-owned subsidiary in Zhuhai. In 2021, the Sichuan Yibin AstaTech Biotechnology Co., Ltd. was established to provide CDMO services for innovative drugs.

The company's products can be categorized into advanced intermediates, building blocks, and fine chemicals. It also provides process development, customized production, and process optimization of APIs and fine chemicals. It has more than 1000 global customers in Europe, the U.S, Canada, Japan, Korea, India, China, and other countries.

## Funding rounds

- Series B, Jul 29, 2022, $30M — Shenyin Wanguo Hongding Equity Investment Management, Gree Electric Appliances, Inc of Zhuhai, Mingcheng Zhihui Capital, Zhuhai Hengqin Kangju Private Equity Fund Management Co., Ltd., Geuniom Group, Sichuan Chengdu Daopu Technology Co., Ltd

## Investors

- Shenyin Wanguo Hongding Equity Investment Management (https://capitalatlas.ai/funds/shenyin-wanguo-hongding-equity-investment-management) — Series B
- Gree Electric Appliances, Inc of Zhuhai (https://capitalatlas.ai/funds/gree-electric-appliances-inc-of-zhuhai) — Series B
- Mingcheng Zhihui Capital (https://capitalatlas.ai/funds/mingcheng-zhihui-capital) — Series B
- Zhuhai Hengqin Kangju Private Equity Fund Management Co., Ltd. — Series B
- Geuniom Group — Series B
- Sichuan Chengdu Daopu Technology Co., Ltd — Series B