Applied StemCell Receives $19,000,000 Series D Funding

  • Feed Type
  • Date
    6/7/2016
  • Company Name
    Applied StemCell
  • Mailing Address
    521 Cottonwood Dr. Milpitas, CA 95035 USA
  • Company Description
    Applied StemCell Inc. (ASC) is a fast growing biotechnology company headquartered in Milpitas, California. Our goal is to advance gene-editing and stem cell innovation for biomedical research and the biotechnology industry.
  • Website
    http://www.appliedstemcell.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $19,000,000
  • Transaction Round
    Series D
  • Proceeds Purposes
    The company intends to use the proceeds to accelerate the development of its pipeline, expand its gene editing platform technology, as well as to continue to strengthen its leading intellectual property portfolio.
  • M&A Terms
  • Venture Investor
    HerMed Capital
  • Venture Investor
    Ping An Group
  • Venture Investor
    Biosciences Research and Commercialization Center