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- Creative Biosciences
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
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
Website
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
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Oct 2021 | Series D | Alibaba Group (lead); BioVenture; IDG Capital; Huaxing Growth Capital; Co-Stone Venture Capital; CTS Capital; Agricultural Bank of China; Henglu Assets | $87M | Creative 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 2020 | Series C | IDG Capital (lead); Shengyu Touzi; Qingsong Fund; Oceanpine Capital; Linden Asset; Innovitalize Capital; Jundu Investment; CDH Investments | $88M | Creative 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 2019 | Series B | CDH Investments (lead); IDG Capital (lead); CD Capital | $45M | Creative 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 2017 | Series A | CD Capital (lead) | $9M | - |
| Jun 2016 | Seed | - | $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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Lead | Apr 2019 | ||
| 2 | Lead | Jul 2017 | ||
| 2 | Lead | Apr 2019 | ||
| 1 | Participant | Oct 2021 | ||
| 1 | Participant | Sep 2020 | ||
| 1 | Participant | Sep 2020 | ||
| 1 | Participant | Oct 2021 | ||
| 1 | Participant | Oct 2021 | ||
| 1 | Lead | Oct 2021 | ||
| 1 | Participant | Oct 2021 | ||
| 1 | Participant | Sep 2020 | ||
| 1 | Participant | Sep 2020 | ||
| 1 | Participant | Oct 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
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Start Free TrialCreative Biosciences Competitors
Creative Biosciences competitors include listed companies like Roche, Natera, Illumina and Guardant Health, and private ones like Institut Merieux and Color.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $77B | $26B | $351B | 4.9x | ||
| Publicly listed | $2.3B | ($266M) | $53B | 19.0x | ||
| Publicly listed | $4.3B | $1.4B | $37B | 8.4x | ||
| Publicly listed | $982M | ($408M) | $25B | 20.2x | ||
| Private | - | - | $8.5B | - | ||
| Private | - | - | $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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $77B | $26B | 5.0x | 4.9x | 14.6x | 12.4x | |||
| $2.3B | ($266M) | 22.5x | 19.0x | (195.0x) | (261.5x) | |||
| $4.3B | $1.4B | 8.8x | 8.4x | 27.1x | 30.0x | |||
| $982M | ($408M) | 25.7x | 20.2x | (61.8x) | (129.5x) | |||
| $377M | ($63M) | 27.2x | 22.6x | (161.4x) | (316.8x) | |||
| $643M | ($16M) | 14.9x | 15.2x | (591.7x) | (160.9x) | |||
| $305M | $12M | 15.8x | 11.7x | 401.1x | 75.4x | |||
| $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. |
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