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BluePHA

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Biomanufacturing and material innovation company providing breakthrough products with competitive differentiation

Changping District, ChinaFounded 2016Biotech & Life Sciences
Valuation $500M–1B Latest valuation · 2023
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for BluePHA and the history behind them.

About BluePHA

BluePHA is a biotechnology firm focused on creating biodegradable polymers to offer an alternative to traditional plastics. The company was founded in 2016 by Dr. Haoqian Zhang and Dr. Teng Li, who met at the International Genetically Engineered Machine (iGEM) competition in 2010. Their shared background in synthetic biology and a desire to apply research to solve real-world environmental problems led to the creation of BluePHA. Dr. Zhang graduated from Peking University with a Ph.D. in Integrated Life Sciences, while Dr. Li earned his Ph.D. in Biomaterial and Synthetic Biology from Tsinghua University. Both were accomplished iGEM participants, with Dr. Li leading a team to a gold medal.

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The company's core business revolves around the production and sale of polyhydroxyalkanoates (PHA), a bioplastic that biodegrades in soil and marine environments. BluePHA serves businesses aiming to reduce their reliance on conventional plastics, providing PHA in powder or particle form for use as a raw material. The company's business model is B2B, targeting clients in sectors such as fast-moving consumer goods (FMCG), food and beverage, agriculture, and packaging. BluePHA generates revenue through the sale of its PHA products. To meet growing demand, the company established its first factory with an annual capacity of 5,000 tonnes and plans for significant expansion.

BluePHA's main product is its branded Bluepha™ PHA, a bio-based polymer produced through microbial fermentation. A key feature of their technology is the ability to use diverse feedstocks, including plant oil, air, and potentially industrial or domestic waste, which helps to lower production costs. The resulting PHA material is versatile, with applications in disposable cutlery, straws, paper coatings, rigid packaging, and textiles. Products made with Bluepha™ PHA boast high heat resistance and can be engineered for different degradation levels, such as home or industrial composting. The company also developed a synthetic biology R&D platform called Holog to accelerate the design and testing of microbes for new bio-based materials.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2016
Headquarters
Changping District, China
Employees
61
Open positions
1
Dealroom signal
79.9/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Synthetic Biology, Spinout, Sustainable Development Goals, Industrial Technology, Advanced Materials, Bioplastic, Climate Tech
Technology
Hardware, Deep Tech
Business model
Manufacturing
Client focus
b2b
Investment activity
1 company, latest Dec 2023
Capital deployed
$2.8M
Preferred round
SEED

Latest news

Press, funding announcements and product moves mentioning BluePHA.

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Funding history

9 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BOther financing Feb 2023 $55M $963M Zhongping Capital · Jiangsu Huanghai Financial Holding
SERIES BOther financing Jan 2022 $110M $440M Hillhouse Capital · Frees Fund · Genesis Capital · China Chengtong Holding Group
Showing the latest 2 of 9 recorded eventsBook a demo for the full funding history →

Growth signals

BluePHA website traffic

Latest recorded traffic for BluePHA is 680 monthly website visits, down 38.2% over the last three months. BluePHA's team grew 1.7% over the past year.

Latest monthly visits680 3-month web change-38.2% 1-year team growth+1.7%
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Open positions

Openings linked to this company in Dealroom
1 distinct opening shownExplore hiring signals →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

20 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

  • Frees Fund
  • Shenzhen Leaguer Venture Capital

Series A17 investors entered at this stage

  • Green Pine Capital
  • Hillhouse Capital
  • Taihe Capital
  • Trinity Innovation Fund
  • Luminous Ventures
  • Qianhai FOF
  • SeptWolves Ventures
  • Qihang Fund
  • Country Garden Venture Capital
  • Tencent
  • Fangyuan Capital
  • Huaxing Growth Capital
  • GL Ventures
  • Genesis Capital
  • China Chengtong Holding Group
  • Zhongping Capital
  • Jiangsu Huanghai Financial Holding

Other known investors1 additional known investor

  • Tsinghua University
Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇨🇳 China91.2%
🇺🇸 United States5.9%
🇭🇰 Hong Kong2.9%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about BluePHA on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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