Cygnus Biosciences

Medical Devices & EquipmentSeries CBeijing, Chinacygnusbio.com

Latest round

Series C

Last raised

Mar 2023

Total raised

$49M

Investors

18

About Cygnus Biosciences

Established in 2015 and based in Beijing, China,Cygnus Biosciences is a biotechnology company which focuses on the R&D in DNA sequencing platforms, screening and diagnosis of clinical medicine. The company was founded by the team of academician Xiaoliang Xie, Yanyi Huang and Zitian Chen from Peking University. In 2016, the firm completed the design and development of the prototype of the sequencer. In 2018, it established a wholly-owned subsidiary Dyna Technology. Its first S100 gene sequencer was officially launched in 2022. In June 2022, the company's S100 gene sequencer and its accompanying sequencing kit was awarded CE-IVDR certification by the European Union. Cygnus Biosciences also has chemical and enzyme raw material production base, GMP reagent production workshop and instrument production factory. The company has two core sequencing technologies, fluorogenic and error correction coding (ECC). Its products can be categorized into three categories which are sequencers and sequencing reagents. Products within include S100 sequencer and universal kit for sequencing reactions. The company's products are used in the fields of pathogenic microorganisms, oncology, reproductive health, genetic diseases, agricultural breeding and other fields. The company generates revenue through the sale of sequencing instruments and reagents used in medical diagnostics, scientific research and agricultural applications.

Who invested in Cygnus Biosciences

18 investors across 5 rounds

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Funding rounds

  1. Series C

    Mar 20, 2023

    Amount

    Undisclosed

    Investors

    Locked

  2. Series C

    Aug 5, 2022

    Amount

    $30M

    Investors

    Locked

  3. Series C

    Jun 11, 2020

    Amount

    Undisclosed

    Investors

    Locked

  4. Series B

    May 28, 2018

    Amount

    Undisclosed

    Investors

    Locked

  5. Series B

    Nov 13, 2017

    Amount

    $20M

    Investors

    Locked

Questions about Cygnus Biosciences

Who invested in Cygnus Biosciences?

Cygnus Biosciences has 18 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Cygnus Biosciences raised?

Cygnus Biosciences has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Cygnus Biosciences last raise money?

Cygnus Biosciences's most recent round on record is a Series C, in Mar 2023.

What does Cygnus Biosciences do?

Established in 2015 and based in Beijing, China,Cygnus Biosciences is a biotechnology company which focuses on the R&D in DNA sequencing platforms, screening and diagnosis of clinical medicine.

Where is Cygnus Biosciences headquartered?

Cygnus Biosciences is headquartered in Beijing, China.

Which VCs invest in companies like Cygnus Biosciences?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back medical devices & equipment companies at Cygnus Biosciences's stage. Their profiles are linked below.

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