# Chemlex

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

- Industry: Business Support Services
- Headquarters: Shanghai, China
- Total disclosed funding: $26M
- Latest round: Series A (Jan 9, 2024)
- Investors on record: 4

## About

Established in 2022 and based in Shanghai, China, Chemlex operates as a service provider dedicated to providing low carbon environmental protection ESG (Environmental, Social, Governance) services. In January 2024, it raised USD 26 million in series A funding co-led by new investors Qiming Venture Partners and LYFE Capital.

The company mainly provides chemical synthesis CRO (Contract Research Organization) services. The services utilize automated and intelligent platforms and can shorten the development cycle of new drugs. Chemlex also uses green chemistry technology to provide low carbon environmental protection ESG (Environmental, Social, Governance) service. This service can improve the production efficiency and energy utilization of pharmaceutical synthesis, and reduce environmental pollution. The target customers are new drug R&D customers.

The company will improve product research and development, and develop commercial markets.

## Funding rounds

- Series A, Jan 9, 2024, $26M — Qiming Venture Partners, Sinovation Ventures, LYFE Capital, MegaRobo

## Investors

- Qiming Venture Partners (https://capitalatlas.ai/funds/qiming-venture-partners) — Series A
- Sinovation Ventures (https://capitalatlas.ai/funds/sinovation-ventures) — Series A
- LYFE Capital — Series A
- MegaRobo — Series A