JUST Biotherapeutics

Hangzhou, China · Founded 2016 · $118.7M raised

Headquarters
Hangzhou
Founded
2016
Business Model
B2B
Website
hjbbio.com
Total Funding
$118.7M
Last Round
$35.0M Series BJun 2018
Rounds
4

About

Hangzhou Just Biotherapeutics (HJB) was founded in August 2016 by Dr. Jonathan Y. Zhao, a former Amgen executive, as the CDMO arm of what would become Transcenta Holding Limited. The company provided end-to-end contract development and manufacturing services for large-molecule biotherapeutics, offering cell line development, process development, analytical services, formulation, and cGMP drug substance and drug product manufacturing from a facility in Hangzhou, China. In January 2019, HJB merged with MabSpace Biosciences to form Transcenta Holding Ltd., which completed an IPO on the Hong Kong Stock Exchange in September 2021; the combined entity was later acquired by Evotec AG and rebranded as Just-Evotec Biologics.

Summary

JUST Biotherapeutics is a Biotech company based in Hangzhou, China, founded in 2016. It has raised $118.7M in total across 4 rounds, most recently a $35.0M Series B round in Jun 2018. Investors include Bill & Melinda Gates Foundation, Taikang Life Insurance and ARCH Venture Partners.

Funding History

Series BSeries BJun 2018
$35.0M

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Grant through Series B — per-round amounts, valuations, and who invested in each round.

Investors

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