Annoroad, a Beijing Gene Services Company, Raises $100 Million in C Round

Published on: Nov 3, 2017
Author: Amy Liu

Annoroad, a Beijing genetics services company, raised $100 million in a Series C financing, led by SAIF Partners and joined by SBCVC, Shenzhen GTJA Investment Group and Ping An Ventures. Founded in 2012, Annoroad makes non-invasive prenatal diagnostic tests and also assists life science companies in their genetic research. The company has formed partnerships with Illumina for sequencing, Intel for precision medicine and AliCloud, for a cloud-based bioinformatics program called Solar Genomics.

Stock Symbols: (NSDQ: ILMN) (NSDQ: INTC) (NYSE: BABA)

Source: China Biotoday

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