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Zhengxu (Shanghai) Biotechnology

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Pioneering next-gen gene editing therapies with proprietary base editing technology

Huangpu, ChinaFounded 2020Biotech & Life Sciences
Valuation $100–250M Last recorded · 2024
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Zhengxu (Shanghai) Biotechnology and the history behind them.

About Zhengxu (Shanghai) Biotechnology

CorrectSequence Therapeutics is a clinical-stage biotech company specializing in advanced gene editing therapies. Utilizing its proprietary transformer Base Editor (tBE), the company aims to develop next-generation solutions for severe diseases. The management and R&D teams boast over a decade of industry experience, with more than 40% holding master's degrees. CorrectSequence Therapeutics focuses on biotechnology innovation, research, and development to provide efficient, reliable, and safe solutions for unmet medical needs. The company leverages recent advances in chemical modifications of guide RNA, mRNA, and donor templates for CRISPR-mediated genome editing. Their technology induces precise base substitutions, combining two key components—effector and locator—to achieve targeted genome editing. CorrectSequence Therapeutics serves clients in the healthcare and pharmaceutical sectors, operating primarily in the biotech market. The business model revolves around developing and commercializing gene editing therapies, generating revenue through clinical trials and partnerships.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2020
Headquarters
Huangpu, China
Employees
9
Open positions
None listed
Dealroom signal
48.4/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Spinout, Biotech and Pharma, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b
Links
Website

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES AOther financing Aug 2024 $14M $248M Lilly Asia Ventures · New Alliance Capital · FuTeng Capital · Boyu Capital ↗
FundingOther financing Jan 2023 $0 — New Alliance Capital ↗
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Growth signals

Zhengxu (Shanghai) Biotechnology website traffic

Latest recorded traffic for Zhengxu (Shanghai) Biotechnology is 1.5K monthly website visits, up 36.4% over the last three months. Zhengxu (Shanghai) Biotechnology's team grew 0% over the past year.

Latest monthly visits1.5K 3-month web change+36.4% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

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

Investors

11 investors on the cap table

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

Seed1 investor entered at this stage

Series A7 investors entered at this stage

  • Lilly Asia Ventures
  • Boyu Capital
  • TF Capital
  • New Alliance Capital
  • Zoo Capital
  • FuTeng Capital
  • HongShan

Other known investors3 additional known investors

  • ShanghaiTech University
  • University of Chinese Academy of Sciences
  • Wuhan University
Employees 9 total headcount
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
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
🇨🇳 China · Huangpu HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Zhengxu (Shanghai) Biotechnology 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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