Matrix-backed Chinese biotech startup Genecast closes $43m Series D1 round

Matrix-backed Chinese biotech startup Genecast closes $43m Series D1 round

Photo by Louis Reed on Unsplash

Genecast Biotechnology, a Chinese biotech startup that specialises in next-generation sequencing (NGS) technology and bioinformatics, has raised 300 million yuan ($43 million) in a Series D1 round of financing led by CICC Capital, an investment platform of China International Capital Corporation (CICC).

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