Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Friday, 30 July 2021, 16:58 HKT/SGT

Source: Legend Capital
Legend Capital invests in Series A funding round of BioMap, a biological computing platform

HONG KONG, July 30, 2021 - (ACN Newswire) - BioMap, a biological computing platform enterprise, has recently completed the Series A funding round worth over a hundred million US dollars, which Legend Capital participated in. The funds will be used for R&D and talent recruitment.

BioMap is positioned as an innovative medicine R&D platform driven by a biological computing engine. It was co-founded by Robin Li in November 2020 and he currently serves as the Chairman. Through advanced computing and biotechnology, BioMap draws maps on disease targets and drug design to realize the Global First-in-class original drugs. In the future, BioMap will also focus on the field of the immune mechanisms of tumors, autoimmune diseases and fibrotic diseases.

Richard Li, the President of Legend Capital, said: "It is our second cooperation with Baidu this year after the investment in Baidu's AI chip unit Kunlun in March. We hope to continue to maintain close cooperation with Baidu in the field of scientific and technological innovation in the future. We take a positive long-term view of the integration of IT and life science and technology. BioMap empowers life science with AI, and accelerates the R&D of new drugs and diagnostic products through the integration and innovation of AI technology and cutting-edge biotechnology. In the future, Legend Capital hopes to realise the full potential of the advantages of our enterprise ecosystem in the field of healthcare, and promote BioMap's cooperation with leading companies in related fields, so as to provide intelligent computing platform support for the healthcare industry, give impetus to industrial upgrading and benefit more patients. "

Legend Capital has been focusing resources to research the deep integration of the healthcare industry and technology. In recent years, it has continued to explore the field of medical AI. In addition to BioMap, Legend Capital has also invested in AI microbial pharmaceutical company Xbiome, AI innovative drug development platform StoneWise, AI medical image assisted diagnosis company Deepwise, Lunit, AI medical pathology diagnosis company Deep Informatics, gene big data company Genowis, AI medical chronic disease management system company Ayshealth Technology, etc.

Topic: Press release summary
Source: Legend Capital

Sectors: Daily Finance, BioTech, Healthcare & Pharm, Funds & Equities, PE, VC & Alternatives
From the Asia Corporate News Network

Copyright © 2021 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

Legend Capital
Nov 19, 2021 18:41 HKT/SGT
Legend Capital Leads Sailner 3D's Pre-A Funding
Nov 15, 2021 17:15 HKT/SGT
Aohua Endoscopy, a Leading Endoscope Company Invested by Legend Capital, Successfully Listed on China's STAR Market
Nov 12, 2021 14:38 HKT/SGT
Legend Capital Leads TuringQ Pre-A Funding
Oct 8, 2021 15:13 HKT/SGT
Legend Capital leads ForQaly Medical's Series B financing
Sept 27, 2021 12:46 HKT/SGT
Legend Capital is reaping the rewards in its logistics and supply chain investment
Sept 14, 2021 08:42 HKT/SGT
Legend Capital Led a New Round of Investment of Etana
Sept 10, 2021 18:36 HKT/SGT
Legend Capital enjoys 4 MedTech IPOs in 1H2021, focusing on long-term and innovation investment
July 19, 2021 19:10 HKT/SGT
Dook Media, a Full Copyright Operator, invested by Legend Capital Successfully Listed on the China GEM
July 15, 2021 12:00 HKT/SGT
Legend Capital continues to be optimistic about technological innovation, with great opportunities in tech investment
More news >>
 News Alerts
Copyright © 2021 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 214 890 4418 | Beijing: +86 400 879 3881 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575

Connect With us: