IDG Capital leads $67m Series C in biotech firm HiFiBio Therapeutics

IDG Capital leads $67m Series C in biotech firm HiFiBio Therapeutics

Photo from HiFiBio's website.

HiFiBio Therapeutics, an emerging multinational biotherapeutics company based in France, has raised $67 million in its Series C funding round led by new investor IDG Capital with participation from existing shareholder Sequoia Capital China.

Other investors – both new and existing – who joined the funding round include VI Ventures, Legend Stars Capital, LYFE Capital, Delian Capital, Hanne Capital, and Kite, the company said in a statement.

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