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- Singleron Biotechnologies
Singleron Biotechnologies Funding, Investors & Competitors
Singleron Biotechnologies has raised $145M across 3 funding rounds, most recently a $100M Series B in November 2021.
Last Singleron Biotechnologies funding round
$100M
Series B · Nov 2021
Cumulative funding Singleron Biotechnologies raised
$145M
across 3 funding rounds
Key investors in Singleron Biotechnologies
ARCH Venture Partners
CDH Investments
Lilly Asia Ventures
Sherpa Healthcare Partners
Tencent
China Growth Capital
Frees Fund
SBCVC
About Singleron Biotechnologies
Singleron Biotechnologies is a Cologne-based developer of single-cell analysis platforms for drug discovery. Its SCOPE system uses Yale-licensed microfluidics for tissue dissociation and multi-omics prep, compatible with 10x Genomics sequencers. Applications support immunology research at Novartis and Roche labs.
Founded
2018
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Singleron Biotechnologies Funding History
Singleron Biotechnologies has raised a total of $145M across 3 funding rounds.
Singleron Biotechnologies' first fundraising round was a $15M seed round in June 2019. The most recent completed round was a $100M Series B in November 2021.
Singleron Biotechnologies funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Nov 2021 | Series B | FirstLight Capital (lead); Lake Bleu Capital (lead); Sherpa Healthcare Partners; SBCVC; Lilly Asia Ventures; CDH Investments; 3W Fund Management; ARCH Venture Partners; MSA Capital | $100M | Singleron Biotechnologies, founded in 2018, develops and commercializes single-cell multi-omics products including instruments, microfluidic systems, reagents, software, and databases for high-throughput analysis in research and clinical settings. The company applies its technologies to clinical applications, drug development, and health management, with products serving over 1000 laboratories in hospitals, research institutes, and pharmaceutical companies. It holds a worldwide exclusive IP license from Yale University for its microfluidic single-cell processing device and has developed the SCOPE single-cell pre-sequencing preparation system. In November 2021, Singleron completed an oversubscribed Series B financing round, raising close to $100M. New investors included Lake Bleu Capital, Firstred Capital, and MSA Capital, with existing investors such as Sherpa Healthcare Partners, Lilly Asia Ventures, ARCH Venture Partners, CDH Investments, 3W Fund Management (as 3w Global Investment), SBCVC, and others participating. The round was led by Lake Bleu Capital and FirstLight Capital (aligned with listed investors). Previously, in September 2020, the company raised $30M in a Series A++ round led by Lilly Asia Ventures with ARCH Venture Partners, Tencent, and Sherpa Healthcare Partners. Proceeds from the Series B will accelerate development of single-cell platform products, pursue regulatory approval for in vitro diagnostics based on single-cell technologies, and expand international presence, with offices, labs, and manufacturing in China, Germany, and the US. The company focuses on overcoming limitations in single-cell analysis for molecular diagnostics, clinical research, cancer research, drug discovery, and precision medicine. |
| Sep 2020 | Series A | Lilly Asia Ventures (lead); Tencent; Morning Ridge Capital; Sherpa Asset Management; Huachuang Zhiye Capital; CDH Investments; ARCH Venture Partners | $30M | Singleron Biotechnologies, founded in 2018, is an innovative biotech company specializing in high-throughput single-cell multi-omics technologies for research and clinical applications, including single-cell sequencing platforms like GEXSCOPE Single Cell RNA reagents launched in January 2019. The company secured a $30 million Series A financing in September 2020, led by Lilly Asia Ventures, with participation from ARCH Venture Partners, CDH Investments, Tencent, Sherpa Asset Management (noted as Sherpa Venture Capital), and others including a fund under Chenling Capital; existing investors also continued participation. This marked the company's third financing round, with cumulative funding exceeding 300 million yuan to date. Proceeds from the Series A were allocated to accelerate development of its single-cell sequencing platform, promote applications in drug development, expedite domestic commercialization of products in China, and expand overseas business. Singleron operates offices, laboratories, and manufacturing in China, Germany, and the US, focusing on instruments, microfluidic systems, reagents, software, and databases for high-throughput analysis. Subsequent rounds included a Series A1 raising more than $10M and an oversubscribed Series B in late 2021 raising close to $100M from new investors like Lake Bleu Capital, Firstred Capital, and MSA Capital, alongside existing backers including Lilly Asia Ventures, ARCH Venture Partners, and CDH Investments. By Series B, products served over 1000 laboratories in hospitals, research institutes, and pharma companies, with plans for regulatory approvals for IVD products and international expansion. Note that Singlera Genomics is a distinct entity with separate $20M funding in 2017. |
| Jun 2019 | Seed | Sherpa Healthcare Partners (lead); Frees Fund; China Growth Capital; Oriza Seed Capital (Oriza Yuandian) | $15M | - |
Who has invested in Singleron Biotechnologies?
16 investors have backed Singleron Biotechnologies across its funding rounds, including ARCH Venture Partners, CDH Investments, Lilly Asia Ventures, Sherpa Healthcare Partners, Tencent and China Growth Capital.
Lead investors include FirstLight Capital, Lake Bleu Capital, Lilly Asia Ventures and Sherpa Healthcare Partners.
Singleron Biotechnologies Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Jun 2019 | ||
| 2 | Lead | Sep 2020 | ||
| 2 | Participant | Sep 2020 | ||
| 2 | Participant | Sep 2020 | ||
| 1 | Participant | Jun 2019 | ||
| 1 | Lead | Nov 2021 | ||
| 1 | Participant | Sep 2020 | ||
| 1 | Participant | Jun 2019 | ||
| 1 | Participant | Nov 2021 | ||
| 1 | Lead | Nov 2021 | ||
| 1 | Participant | Sep 2020 | ||
| 1 | Participant | Sep 2020 | ||
| 1 | Participant | Sep 2020 | ||
This data is available for Pro users. Sign up to see all 16 Singleron Biotechnologies investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Singleron Biotechnologies
Singleron Biotechnologies has acquired 1 company to date.
Last acquisition by Singleron Biotechnologies was on March 7th 2022. Singleron Biotechnologies acquired Proteona for undisclosed valuation.
Latest Acquisitions by Singleron Biotechnologies
| Description | Proteona is a Seattle-based single-cell analysis company providing a platform for immuno-oncology profiling. Its DNA-barcoded antibody technology delivers simultaneous proteomic and transcriptomic data from individual cells, aiding T-cell phenotyping and gene expression analysis. Proteona supports CAR-T therapy development and tumor microenvironment studies. |
| HQ Country | |
| HQ City | Singapore |
| Deal Date | 7 Mar 2022 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Singleron Biotechnologies acquisitions and their M&A valuation multiples. Start Free Trial | |
Singleron Biotechnologies Competitors
Singleron Biotechnologies 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 | - |
Singleron Biotechnologies Public Comps
Singleron Biotechnologies 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 Singleron Biotechnologies competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Singleron Biotechnologies
| When was Singleron Biotechnologies founded? | Singleron Biotechnologies was founded in 2018. |
| Where is Singleron Biotechnologies headquartered? | Singleron Biotechnologies is headquartered in Nanjing, China. |
| Is Singleron Biotechnologies publicly listed? | No, Singleron Biotechnologies is a private, VC-backed company. |
| How much funding has Singleron Biotechnologies raised? | Singleron Biotechnologies has raised $145M across 3 funding rounds. |
| What was Singleron Biotechnologies' last funding round? | Singleron Biotechnologies' last funding round was a $100M Series B in November 2021, led by FirstLight Capital and Lake Bleu Capital. |
| Who are Singleron Biotechnologies' investors? | Singleron Biotechnologies' investors include Sherpa Healthcare Partners, Lilly Asia Ventures, CDH Investments, ARCH Venture Partners, Frees Fund, Lake Bleu Capital, Tencent, China Growth Capital, SBCVC, FirstLight Capital and 6 others. |
| Which companies are comparable to Singleron Biotechnologies? | Companies comparable to Singleron Biotechnologies include Roche, Natera, Illumina, Guardant Health, Institut Merieux and Color. |
| How many companies has Singleron Biotechnologies acquired? | Singleron Biotechnologies has acquired 1 company, including Proteona. |
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