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CATUG Biotechnology

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Focused on the development and application of new biomedical technologies

Suzhou Shi, ChinaFounded 2021Biotech & Life Sciences
Valuation $50–100M Last recorded · 2024
Total funding $10–50M Disclosed equity funding
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About CATUG Biotechnology

CATUG Biotechnology, established in 2021, operates as a specialized Contract Research, Development, and Manufacturing Organization (CRDMO) with a strategic focus on nucleic acid-based therapeutics. The company provides comprehensive, end-to-end services for the gene and cell therapy (GCT) and nucleic acid drug sectors, with a particular emphasis on mRNA vaccines and therapeutics. The business model is centered on providing one-stop CDMO services that span the entire product lifecycle, from initial research and development through to clinical application and commercial manufacturing. This positions the company as a strategic partner for pharmaceutical and biotech clients, which have included prominent names like Moderna, Pfizer, and Regeneron.

Co-founded by Dr. Lin Jin, who serves as the company's President and CTO, CATUG leverages deep expertise in the field. The company's service offerings are built upon four core technology platforms: plasmid DNA, mRNA, lipid nanoparticle (LNP) delivery systems, and analytical quality control (QC). This integrated structure allows CATUG to offer customized solutions, including large-scale GMP plasmid manufacturing, flexible mRNA in vitro transcription (IVT), innovative LNP encapsulation, and sterile fill-finish services with an annual capacity of 10 million vials. For its clients, this translates to an accelerated path from development to patient access, ensuring quality and regulatory compliance. The company has developed over 80 platform methods for the release, stability testing, and characterization of DNA, RNA, and nanoparticle formulations.

Since its inception, CATUG has demonstrated rapid growth and strategic expansion. After its founding in Suzhou, China, the company established a presence in Cambridge, Massachusetts, and in 2024, moved its global headquarters to Basel, Switzerland, placing it in a key European biotech hub to enhance partnerships and market proximity. This move was supported by a partnership with the Swiss Innovation Park (SIP) at the Novartis Campus. The company's progress is backed by significant venture capital, having raised $14 million in an early-stage VC round in June 2024. Its investor base includes firms such as Efung Capital, China InnoVision Capital, and Northern Light Venture Capital. CATUG has also formed strategic partnerships, such as a joint lab with Crystal Bio to advance nucleic acid analytical services in North America, and collaborations with CellOrigin Biotech and 3D Medicines Inc. to develop CAR-based immunotherapies.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
Suzhou Shi, China
Open positions
None listed
Dealroom signal
20.7/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Biotech and Pharma, Hard Tech, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b
Links
Website

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES B✓Equity / VC Jun 2024 $14M $55M Oriza Holdings · Efung Capital · Suzhou Industrial Park Science and Technology Innovation Fund · InnoVision Capital ↗
OtherOther financing Jan 2022 $0 — NLVC ↗
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Growth signals

CATUG Biotechnology website traffic

Latest recorded traffic for CATUG Biotechnology is 120 monthly website visits, down 72.1% over the last three months.

Latest monthly visits120 3-month web change-72.1%
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Investments and acquisitions

Capital deployed

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

Investors

5 investors on the cap table

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

Series A4 investors entered at this stage

  • Efung Capital
  • InnoVision Capital
  • Oriza Holdings
  • Suzhou Industrial Park Science and Technology Innovation Fund

Other known investors1 additional known investor

  • NLVC
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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
🇨🇳 China · Suzhou Shi HQ
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Market sentiment

Posts on X, past 7 days

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

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