Creative Biosciences Funding, Investors & Competitors

Creative Biosciences has raised $231M across 5 funding rounds, most recently a $87M Series D in October 2021.

Last Creative Biosciences funding round

$87M

Series D · Oct 2021

Cumulative funding Creative Biosciences raised

$231M

across 5 funding rounds

Key investors in Creative Biosciences

  • IDG Capital
  • CDH Investments
  • CD Capital
  • Alibaba Group
  • BioVenture
  • Co-Stone Venture Capital
  • Qingsong Fund
  • Oceanpine Capital

Creative Biosciences Overview

About Creative Biosciences

Creative Biosciences is a Beijing-based biomedical technology company specializing in tumor screening diagnostic products. The firm produces colorectal cancer fecal non-invasive screening kits using DNA methylation biomarkers for early detection. Manufacturing occurs in GMP-certified facilities supplying hospitals and clinics across China. Products achieve sensitivity over 90 percent in clinical trials published in 2020, with distribution through partnerships with provincial health networks.


Founded

2015

HQ

ChinaGuangzhou

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Creative Biosciences Funding History

Creative Biosciences has raised a total of $231M across 5 funding rounds.

Creative Biosciences' first fundraising round was a $2M seed round in June 2016. The most recent completed round was a $87M Series D in October 2021.

Creative Biosciences funding rounds

Creative Biosciences funding rounds
DateStageInvestorsRaisedDeal Summary
Oct 2021Series DAlibaba Group (lead); BioVenture; IDG Capital; Huaxing Growth Capital; Co-Stone Venture Capital; CTS Capital; Agricultural Bank of China; Henglu Assets$87MCreative Biosciences (Guangzhou) Co., Ltd., founded in 2015, specializes in early-stage cancer screening solutions, primarily targeting colorectal cancer with diagnostic kits, and has expanded to liver, cervix, bladder, and lung cancers. The company partners with over 600 hospitals and clinics, completing more than 200,000 detections by October 2021. In March 2020, it acquired Helixgen (Guangzhou), enhancing its molecular diagnostics and point-of-care testing platforms. On October 15, 2021, Creative Biosciences raised 560 million yuan ($87 million) in its Series D round, led by Alibaba Group, matching the specified investors including Agricultural Bank of China (ABC International), Huaxing Growth Capital (China Renaissance sub-fund), Co-Stone Venture Capital (Costone Capital), Henglu Assets (Henglu Asset), and CTS Capital alongside existing backer IDG Capital. This followed a Series C round in September 2020, raising 600 million yuan ($93 million or $88 million per sources) led by Tsing Song Capital with IDG Capital, GDD Industry Fund, Oceanpine Capital, and others. Proceeds from the Series D are implied for product extension, innovation, sales expansion, and talent, building on Series C uses. The firm positions in China's growing early cancer detection market amid healthcare reforms, focusing on methylation-based tests like Lunsafe for lung cancer, later approved in 2025.
Sep 2020Series CIDG Capital (lead); Shengyu Touzi; Qingsong Fund; Oceanpine Capital; Linden Asset; Innovitalize Capital; Jundu Investment; CDH Investments$88MCreative Biosciences (Guangzhou) Co., Ltd is a Chinese early-stage cancer screening solutions developer founded by Hongzhi Zhou, a professor at Sun Yat-Sen University. The company delivers early-stage cancer screening and diagnostic kits, primarily targeting colorectal cancer, and has developed point-of-care testing (POCT) products for lung tumors and liver cancer. In September 2020, Creative Biosciences announced a Series C funding round of $88 million (600 million yuan) led by Tsing Song Capital. The round included participation from IDG Capital, CDH Investments, GDD Industry Fund Investment Group, Oceanpine Capital, Judu Investment (also listed as Jundu Investment), Linden Asset, Sharewin Capital, Guangzhou Jinkong Fund, and Think Real. IDG Capital and CDH Investments were returning investors, having previously co-led a Series B round in April 2019 that raised 300 million yuan ($44 million). The company planned to use the Series C proceeds to consolidate product innovation, expand sales and marketing channels, and invest in talent enhancement. As of the Series C announcement, Creative Biosciences was a five-year-old company with a growing portfolio of cancer diagnostic products.
Apr 2019Series BCDH Investments (lead); IDG Capital (lead); CD Capital$45MCreative Biosciences is a biotechnology company that has raised a total of $234.15M across 7 funding rounds, with investors including IDG Capital. Subsequent rounds include a Private Equity round on 08/20/2019 and Series C on 09/27/2020, followed by a Series D on 10/14/2021 for $86.96M led by investors including IDG Capital.
Jul 2017Series ACD Capital (lead)$9M-
Jun 2016Seed-$2M-

Who has invested in Creative Biosciences?

16 investors have backed Creative Biosciences across its funding rounds, including IDG Capital, CDH Investments, CD Capital, Alibaba Group, BioVenture and Co-Stone Venture Capital.

Lead investors include Alibaba Group, IDG Capital, CDH Investments and CD Capital.


Creative Biosciences Investors

Investors in Creative Biosciences by funding rounds participated
InvestorHQRoundsRoleFirst check
IDG CapitalChinaBeijing3LeadApr 2019
CD CapitalUnited KingdomLondon2LeadJul 2017
CDH InvestmentsHong KongHong Kong2LeadApr 2019
BioVentureChinaSuzhou1ParticipantOct 2021
Shengyu TouziChinaHangzhou1ParticipantSep 2020
Qingsong FundChinaShenzhen1ParticipantSep 2020
Huaxing Growth CapitalChinaBeijing1ParticipantOct 2021
Co-Stone Venture CapitalChinaShenzhen1ParticipantOct 2021
Alibaba GroupChinaHangzhou1LeadOct 2021
CTS CapitalChinaChaoyang1ParticipantOct 2021
Oceanpine CapitalHong KongHong Kong1ParticipantSep 2020
Linden AssetChinaShanghai1ParticipantSep 2020
Agricultural Bank of ChinaChinaBeijing1ParticipantOct 2021

This data is available for Pro users. Sign up to see all 16 Creative Biosciences investors.

Start Free Trial

Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.

Start Free Trial

Creative Biosciences Competitors

Creative Biosciences competitors include listed companies like Roche, Natera, Illumina and Guardant Health, and private ones like Institut Merieux and Color.

Public and private companies comparable to Creative Biosciences
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
RocheSwitzerlandSwitzerlandPublicly listed$77B$26B$351B4.9x
NateraUnited StatesUnited StatesPublicly listed$2.3B($266M)$53B19.0x
IlluminaUnited StatesUnited StatesPublicly listed$4.3B$1.4B$37B8.4x
Guardant HealthUnited StatesUnited StatesPublicly listed$982M($408M)$25B20.2x
Institut MerieuxFranceLyonPrivate--$8.5B-
ColorUnited StatesSan Francisco, CAPrivate--$4.6B-

Creative Biosciences Public Comps

Creative Biosciences is still privately-owned, but its public comps include Roche, Natera, Illumina, Guardant Health, Twist Bioscience, 10x Genomics, BillionToOne, Wantai BioPharm, Celcuity and GRAIL.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Roche$77B$26B5.0x4.9x14.6x12.4x
Natera$2.3B($266M)22.5x19.0x(195.0x)(261.5x)
Illumina$4.3B$1.4B8.8x8.4x27.1x30.0x
Guardant Health$982M($408M)25.7x20.2x(61.8x)(129.5x)
Twist Bioscience$377M($63M)27.2x22.6x(161.4x)(316.8x)
10x Genomics$643M($16M)14.9x15.2x(591.7x)(160.9x)
BillionToOne$305M$12M15.8x11.7x401.1x75.4x
Wantai BioPharm$271M($24M)15.5x-(174.0x)-

This data is available for Pro users. Sign up to see all Creative Biosciences competitors and their valuation data.

Start Free Trial

Common questions about Creative Biosciences

When was Creative Biosciences founded?Creative Biosciences was founded in 2015.
Where is Creative Biosciences headquartered?Creative Biosciences is headquartered in Guangzhou, China.
Is Creative Biosciences publicly listed?No, Creative Biosciences is a private, VC-backed company.
How much funding has Creative Biosciences raised?Creative Biosciences has raised $231M across 5 funding rounds.
What was Creative Biosciences' last funding round?Creative Biosciences' last funding round was a $87M Series D in October 2021, led by Alibaba Group.
Who are Creative Biosciences' investors?Creative Biosciences' investors include IDG Capital, CD Capital, CDH Investments, BioVenture, Shengyu Touzi, Qingsong Fund, Huaxing Growth Capital, Co-Stone Venture Capital, Alibaba Group, CTS Capital and 6 others.
Which companies are comparable to Creative Biosciences?Companies comparable to Creative Biosciences include Roche, Natera, Illumina, Guardant Health, Institut Merieux and Color.

See companies similar to Creative Biosciences

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial