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Ustar

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Point-of-care molecular diagnostic and testing solutions

Hangzhou, ChinaFounded 2005
Valuation $100–250M Last recorded · 2021
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Ustar and the history behind them.

About Ustar

Ustar Biotechnologies (Hangzhou) Ltd. is a biotechnology company specializing in point-of-care testing (POCT) molecular diagnostics. Founded in 2005 by Qimin You, the company is dedicated to the research, development, manufacturing, and sales of rapid nucleic acid diagnostic technologies.

The company's business model revolves around providing comprehensive solutions for instant molecular diagnostics, serving nearly 3,000 medical institutions across more than 70 countries. Ustar develops and sells proprietary technologies and products, including instrument-free nucleic acid extraction devices, isothermal amplification testing kits, and rapid DNA amplicon detection devices. Its product lineup features systems like EasyNAT®, PortNAT®, and MultNAT®, which are designed for on-site diagnosis of infectious diseases, genetic mutations, and more without requiring a traditional laboratory setup. These systems are based on the company's patented Cross Priming Amplification (CPA) and reagent vitrification technologies, which allow for rapid, stable, and cost-effective testing.

Ustar has actively participated in national projects for infectious disease control and has received certifications from the National Medical Products Administration (NMPA) for its analyzers and COVID-19 test kits. The company has secured significant funding, including a Series E round, from investors such as the Gates Foundation and Legend Capital, to support its work in developing diagnostics for major diseases like tuberculosis and COVID-19.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2005
Headquarters
Hangzhou, China
Employees
34
Open positions
None listed
Dealroom signal
40.1/100

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES E✓Equity / VC Nov 2021 $41M $165M CPE Yuanfeng · Oriental Fuhai co ↗
Showing the latest 1 of 1 recorded eventsBook a demo for the full funding history →

Growth signals

Ustar website traffic

Latest recorded traffic for Ustar is 210 monthly website visits, down 61.1% over the last three months. Ustar's team grew 3% over the past year.

Latest monthly visits210 3-month web change-61.1% 1-year team growth+3%
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

5 investors on the cap table

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

Series B and later2 investors entered at this stage

  • CPE Yuanfeng
  • Oriental Fuhai co

Other known investors3 additional known investors

Team profiled 1 named & role-tagged
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
4 countries with
team presence
🇨🇳 China80%
🇺🇬 Uganda6.7%
🇪🇸 Spain6.7%
🇭🇰 Hong Kong6.7%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Ustar 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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