Temasek leads $85m Series B round for China-based Gracell Biotech

Temasek leads $85m Series B round for China-based Gracell Biotech

Signage for Temasek Holdings Pte is displayed in the lobby at the company's headquarters in Singapore. Photographer: Bryan van der Beek/Bloomberg

Suzhou-based biomedical company Gracell Biotechnologies has raised $85 million in a Series B funding round led by Singapore’s state investment firm Temasek, per an announcement on Monday.

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