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Youwe

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Developing an internet application that allows the user to design jewelry online

Zhuhai, ChinaFounded 2017Fashion
Valuation $50–100M Last recorded · 2022
Revenue <$1M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Youwe

Youwe (Zhuhai) Biotechnology Co., Ltd. is a biopharmaceutical company established in February 2017, focusing on the research, development, and industrialization of dissolving microneedle transdermal drug delivery technology. The company was founded by three PhDs returning from Yonsei University in South Korea, with Leng Gang serving as a founder and the current CEO. Youwe Biotechnology operates from Zhuhai, China, and has established itself as a national high-tech enterprise.

The company's business model encompasses both the medical and cosmetic sectors, providing a range of services that include CRO (Contract Research Organization), CDMO (Contract Development and Manufacturing Organization), OEM, and ODM. For the pharmaceutical industry, Youwe offers development of new transdermal drug delivery dosage forms and sustained-release drug solutions. In the cosmetic and skincare market, it develops and manufactures products designed to improve the transdermal absorption of active ingredients for concerns like acne, wrinkles, and hyperpigmentation. This dual focus allows the company to serve pharmaceutical firms, medical device companies, and health and beauty brands.

Youwe's core technology is its proprietary dissolving microneedle patch system, which represents a significant advancement over traditional topical applications. These patches are engineered with microscopic needles made of soluble materials, like hyaluronic acid, that painlessly penetrate the skin's outer layer to deliver active ingredients directly where they are needed. The company has developed its third-generation "One Step LT-MN Technology®" process, a low-temperature, rapid-molding technique that preserves the activity of sensitive ingredients. This process allows for the stable, large-scale production of patches with precise, quantitative drug loading, a key differentiator from conventional manufacturing methods. The company operates a GMP-certified facility of over 3,000 square meters, which includes an automated production line for its microneedle patches.

Since its inception, the company has secured significant funding to fuel its growth. It has raised a total of $22.1M, including a Series A round in August 2021 led by Source Code Capital and a Series B round of nearly 100 million yuan ($14.9M) in June 2022, solely invested by Cenova Capital. These funds are directed towards expanding its commercialization efforts in the consumer sector, advancing its medical business, and increasing production capacity. The company's intellectual property portfolio is substantial, with over 80 patent applications submitted and more than 60 patents granted.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2017
Headquarters
Zhuhai, China
Employees
4
Open positions
None listed
Dealroom signal
40.8/100
Industry
Fashion
Sub-industry
Accessories
Sector
Fashion, Hard Tech
Technology
3D Technology
Business model
SaaS
Client focus
b2c

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES B✓Equity / VC Jun 2022 $14M $55M Cenova Capital ↗
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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023 —
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Growth signals

Youwe website traffic

Latest recorded traffic for Youwe is 14K monthly website visits, up 0% over the last three months. Youwe's team declined 20% over the past year.

Latest monthly visits14K 3-month web change0% 1-year team growth-20%
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Similar companies

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Investments and acquisitions

Capital deployed

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

Investors

1 investor on the cap table

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

Series A1 investor entered at this stage

  • Cenova Capital
Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 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
2 countries with
team presence
🇰🇷 South Korea50%
🇨🇳 China50%
2 countries shown

Market sentiment

Posts on X, past 7 days

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