HiFiBiO Therapeutics Closes $75M Series D Financing
Summary
HiFiBiO Therapeutics, a Cambridge, Massachusetts-based multinational biotechnology company with expertise in immune modulation and drug intelligent science, closed a $75M Series D financing round. The round was led by the new investor Mirae Asset Financial Group with participation from Further, B Capital Group, Sherpa, Maison Capital, Trinity Innovation Fund, Grand Mount, and HKSTP Venture Fund and existing shareholders IDG, Sequoia, Legend Star, and Hengxu. Led by Liang Schweizer, PhD, President and CEO, HiFiBiO Therapeutics is a multinational biotherapeutics company mobilizing the human immune system to combat disease. The company integrates deep-rooted biological expertise with its comprehensive single-cell profiling technologies to discover and accelerate a pipeline of antibody drugs to treat cancer and autoimmune disorders. The company has laboratories in three continents in Cambridge, Mass., Paris, France, Shanghai, Hong Kong, and Hangzhou in China.