Bangqi Biotech Closes RMB Tens of Millions Series A+ Financing

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China Suzhou-based Bangqi Biotech closes RMB tens of millions Series A+ financing led by QF Capital and previous investor Step Holdings Fund.

The funds will be used primarily to commercialise the fully automated immunoblot analyser BQ-BM100 and to advance the registration of the multiplexed liquid phase immunofluorescence platform.

Bangqi Biotech was founded by Rui Tao in July 2020 and raised tens of millions of RMB in Series A funding in June 2022, led by Honest Capital and followed by Step Holdings Fund.

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