Moon Biotech secures multi-million-yuan Series B financing from Yuexiu Industrial Fund

Microbiological resources provider Moon Biotech has received tens of millions yuan in Series B financing round from Yuexiu Industrial Fund. The proceeds will be used for the research and development of micro-bioactive drugs and the development and sales of microbial products.

Microbiological resources provider Moon Biotech has received tens of millions yuan in Series B financing round from Yuexiu Industrial Fund. The proceeds will be used for the research and development of micro-bioactive drugs and the development and sales of microbial products.

Established in 2016, Moon Biotech is an innovative biotechnology company focused on commercializing microbial resources in China.

Committed to discovering, preserving, and identifying new microbial diversity resources with great development value through internationally leading microbial isolation and cultivation technologies, the company aims to establish the world’s largest standardized microbial resource center.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/06/moon-biotech-secures-multi-million-yuan-series-b-financing-from-yuexiu-industrial-fund/.

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