# Chengdu Yacht Bio-technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/chengdu-yacht-bio-technology-co

- Industry: Pharmaceuticals
- Headquarters: Chengdu, China
- Website: www.yachtbio.com
- Total disclosed funding: $16M
- Latest round: Series A (Mar 24, 2022)
- Investors on record: 4

## About

Based in Chengdu, China, and established in 2004, Chengdu Yacht Bio-technology Co., Ltd is a bio-medicine company that business scope includes R&D of new drugs, production process improvement, drug structural analysis, and establishing product standards. The company has a pharmaceutical factory with 40,000 square meters in Sichuan, which focuses on manufacturing various chemical Active Pharmaceutical Ingredients (APIs) and related preparations. 

The company provides APIs, intermediates, fine chemicals, and food additives. The API includes daptomycin, everolimus, dalbavancin, caspofungin acetate, and micafungin sodium. The intermediates include Pneumocandin B0, A40926, FR901379, and FR179642. The fine chemicals include cyclosporin,   Cefsulodin sodium. The food additives include natamycin. Those products use the technologies of fermentation and semi-synthesis. Moreover, those products can be used the fields of anti-infection, immune and tumor. The company's three APIs have been approved for marketing in China, and two generic drugs are in the clinical stage. Also, the company has two innovative drugs in the pharmaceutical research stage.

The company plans to use the series A funding to improve R&D and production capacity, expand market share in China and oversea.

## Funding rounds

- Series A, Mar 24, 2022, $16M — Riverhead Capital, Galaxy Luckystar VC, E-town Sun Fund
- Angel, Nov 11, 2021 — E-Town International Industrial Investment

## Investors

- E-Town International Industrial Investment (https://capitalatlas.ai/funds/e-town-international-industrial-investment) — Angel
- Riverhead Capital (https://capitalatlas.ai/funds/riverhead-capital) — Series A
- Galaxy Luckystar VC — Series A
- E-town Sun Fund (https://capitalatlas.ai/funds/e-town-sun-fund) — Series A