Shiji Biotechnology Valuation, Funding & Investors

Shiji Biotechnology is valued at $2.7B as of September 2023.

Last Shiji Biotechnology valuation

$2.7B

Secondary · Sep 2023

Key investors in Shiji Biotechnology

  • CICC Capital
  • Tongwei
  • Anhui State Holdings

Shiji Biotechnology Overview

About Shiji Biotechnology

Shiji Biotechnology is a Beijing-headquartered developer of genetic technologies for swine breeding. The company engineers pig breeds resistant to diseases like African swine fever using CRISPR gene editing. Shiji offers breeding stock, semen, and consulting services to large-scale farms across China. Established in 2016, it collaborates with the Chinese Academy of Agricultural Sciences on porcine genomics research.


Founded

2019

HQ

ChinaHefei

Website

scigene.cn

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Valuation

$2.7B (Sep 2023)

Shiji Biotechnology Valuation

Shiji Biotechnology is currently valued at $2.7B, based on its secondary sale in September 2023.

The $55M round was led by CICC Capital, with participation from Anhui State Holdings.

Shiji Biotechnology valuation by funding round

Shiji Biotechnology valuation by funding round
DateStageValuation
Sep 2023Secondary$2.7B

Shiji Biotechnology Funding History

Shiji Biotechnology has 2 recorded secondary share sales and no primary funding rounds.

Shiji Biotechnology funding rounds

Shiji Biotechnology funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Feb 2024SecondaryTongwei (lead)$229M--
Sep 2023SecondaryCICC Capital (lead); Anhui State Holdings$55M$2.7BShiji Biotechnology Co Ltd, a biotechnology company, had a 30% stake acquired by investors including CICC Jiatai III Private Equity Investment Fund (managed by CICC Capital), CICC Industrial Investment (Weihai) Venture Capital Fund, and Anhui Guokong No. 1 Industrial Investment Fund from Tech-Bank Food Co., Ltd. on September 26, 2023, for CNY 1.65 billion, implying a full company valuation of CNY 5.5 billion. CICC Capital acted as the lead investor, with Anhui State Holdings involvement via Anhui Guokong. The deal agreement was signed on September 26, 2023, and completed on February 29, 2024.

Who has invested in Shiji Biotechnology?

3 investors have backed Shiji Biotechnology across its funding rounds, including CICC Capital, Tongwei and Anhui State Holdings.

Lead investors include Tongwei and CICC Capital.


Shiji Biotechnology Investors

Investors in Shiji Biotechnology by funding rounds participated
InvestorHQRoundsRoleFirst check
CICC CapitalChinaBeijing1LeadSep 2023

This data is available for Pro users. Sign up to see all 3 Shiji Biotechnology 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

Shiji Biotechnology Competitors

Shiji Biotechnology competitors include listed companies like K+S, Disc Medicine, Almirall and Pharvaris, and private ones like Inari and Biobest.

Public and private companies comparable to Shiji Biotechnology
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
InariUnited StatesUnited StatesPrivate$383M-$2.2B-
K+SGermanyGermanyPublicly listed$4.2B($1B)$3.4B0.8x
BiobestBelgiumWesterloPrivate--$1.5B-
Disc MedicineUnited StatesUnited StatesPublicly listed-($236M)$2.7B-
AlmirallSpainSpainPublicly listed$1.3B$262M$2.7B1.9x
PharvarisNetherlandsNetherlandsPublicly listed-($207M)$2.7B-

Shiji Biotechnology Public Comps

Shiji Biotechnology is still privately-owned, but its public comps include Disc Medicine, Almirall, Pharvaris, Yili Chuannig Biotech, Kanghong Pharmaceutical, Nurix Therapeutics, NewAmsterdam Pharma, Sunshine Lake Pharma, Immunome and AtaiBeckley.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Disc Medicine-($236M)--(8.5x)(7.4x)
Almirall$1.3B$262M2.1x1.9x10.2x8.6x
Pharvaris-($207M)--(11.1x)(10.8x)
Yili Chuannig Biotech$688M$232M3.9x4.0x11.5x12.4x
Kanghong Pharmaceutical$684M$230M2.5x2.5x7.4x7.5x
Nurix Therapeutics$84M($267M)26.9x31.6x(8.5x)-
NewAmsterdam Pharma$23M($231M)88.3x70.9x(8.6x)(8.6x)
Sunshine Lake Pharma$718M$163M4.6x-20.0x-

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

Start Free Trial

Common questions about Shiji Biotechnology

When was Shiji Biotechnology founded?Shiji Biotechnology was founded in 2019.
Where is Shiji Biotechnology headquartered?Shiji Biotechnology is headquartered in Hefei, China.
Is Shiji Biotechnology publicly listed?No, Shiji Biotechnology is a private, VC-backed company.
What is Shiji Biotechnology's valuation?Shiji Biotechnology was last valued at $2.7B in its secondary sale in September 2023.
Who are Shiji Biotechnology's investors?Shiji Biotechnology's investors include CICC Capital, Tongwei and Anhui State Holdings.
Which companies are comparable to Shiji Biotechnology?Companies comparable to Shiji Biotechnology include Inari, K+S, Biobest, Disc Medicine, Almirall and Pharvaris.

See companies similar to Shiji Biotechnology

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