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
Website
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
| Date | Stage | Valuation |
|---|---|---|
| Sep 2023 | Secondary | $2.7B |
Shiji Biotechnology Funding History
Shiji Biotechnology has 2 recorded secondary share sales and no primary funding rounds.
Shiji Biotechnology funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Feb 2024 | Secondary | Tongwei (lead) | $229M | - | - |
| Sep 2023 | Secondary | CICC Capital (lead); Anhui State Holdings | $55M | $2.7B | Shiji 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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Lead | Sep 2023 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialShiji Biotechnology Competitors
Shiji Biotechnology competitors include listed companies like K+S, Disc Medicine, Almirall and Pharvaris, and private ones like Inari and Biobest.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $383M | - | $2.2B | - | ||
| Publicly listed | $4.2B | ($1B) | $3.4B | 0.8x | ||
| Private | - | - | $1.5B | - | ||
| Publicly listed | - | ($236M) | $2.7B | - | ||
| Publicly listed | $1.3B | $262M | $2.7B | 1.9x | ||
| Publicly 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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| - | ($236M) | - | - | (8.5x) | (7.4x) | |||
| $1.3B | $262M | 2.1x | 1.9x | 10.2x | 8.6x | |||
| - | ($207M) | - | - | (11.1x) | (10.8x) | |||
| $688M | $232M | 3.9x | 4.0x | 11.5x | 12.4x | |||
| $684M | $230M | 2.5x | 2.5x | 7.4x | 7.5x | |||
| $84M | ($267M) | 26.9x | 31.6x | (8.5x) | - | |||
| $23M | ($231M) | 88.3x | 70.9x | (8.6x) | (8.6x) | |||
| $718M | $163M | 4.6x | - | 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. |
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