Qitan Tech

BiotechnologySeries CChengdu, Chinaqitantech.com

Latest round

Series C

Last raised

Dec 2023

Total raised

$191M

Investors

17

About Qitan Tech

, trading as Qitan Tech, is a biotechnology company that focuses on gene sequencing and gene diagnostics through nanotechnology. The founder, Dr. Bai Jinwei, is a postdoctoral fellow in the IBM Watson Laboratory. The company released the domestic nanopore gene sequencer QNome-9604 in 2020. The branch offices were set up in Beijing, Chengdu, and other places. In August 2023, QPursue, a medium flux nanopore sequencing platform was released. The company’s products include nanopore sequencing, nanopore sequencers, flowcells & reagents, and nanopore sequencing software. The products can be used in pathogen research, tumor research genetic disease research, and so on. Its technology is applied in fields of biopharmaceuticals, pathogen infection, rare diseases, cancer detection, reproductive health, and agricultural and animal husbandry economies. The company's revenue is generated by providing nanopore sequencers.

Who invested in Qitan Tech

17 investors across 5 rounds

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Funding rounds

  1. Series C

    Dec 28, 2023

    Amount

    $14M

    Investors

    Locked

  2. Series C

    Dec 23, 2022

    Amount

    $100M

    Investors

    Locked

  3. Series B

    Jun 8, 2021

    Amount

    $63M

    Investors

    Locked

  4. Series A

    May 13, 2020

    Amount

    $14M

    Investors

    Locked

  5. Angel

    Feb 1, 2017

    Amount

    $0.4M

    Investors

    Locked

Questions about Qitan Tech

Who invested in Qitan Tech?

Qitan Tech has 17 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 Qitan Tech raised?

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

When did Qitan Tech last raise money?

Qitan Tech's most recent round on record is a Series C, in Dec 2023.

What does Qitan Tech do?

, trading as Qitan Tech, is a biotechnology company that focuses on gene sequencing and gene diagnostics through nanotechnology.

Where is Qitan Tech headquartered?

Qitan Tech is headquartered in Chengdu, China.

Which VCs invest in companies like Qitan Tech?

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 biotechnology companies at Qitan Tech's stage. Their profiles are linked below.

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