Water Wood Future closes multi-million-yuan angel round

Water Wood Future recently announced that it has raised tens of millions of yuan in its angel financing round in Q1 2020. The funding round was co-invested by Gaorong Capital, Puhua Capital, and Bohe Angel Fund, with Wanshi Capital acting as the sole financial advisor.

Water Wood Future recently announced that it has raised tens of millions of yuan in its angel financing round in Q1 2020. The funding round was co-invested by Gaorong Capital, Puhua Capital, and Bohe Angel Fund, with Wanshi Capital acting as the sole financial advisor.

Proceeds from this round of financing will mainly be used to build and optimize relevant technology platforms and improve the team of talents.

Founded at the end of 2017, Water Wood Future is headquartered in Beijing, China. The company is committed to using breakthrough technology to significantly improve the speed of new drug research and development, and the drugability of difficult targets.

Since its inception, Water Wood Future has built Asia ’s first commercial structural analysis platform centered on a 300kV top-mounted cryo-electron microscope.

Relying on Tsinghua University ’s revolutionary structural analysis methodology and drug discovery technology based on structure and calculation, it has built a world-class next-generation drug discovery platform which provides comprehensive technical services such as new drug target verification, compound library screening, candidate compound discovery, and therapeutic antibody research and development for global R&D pharmaceutical companies and institutions.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/24/water-wood-future-closes-multi-million-yuan-angel-round/.

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