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Cyagen Closes $41 Million Series B to Expand Animal Research Model Business

publication date: Feb 26, 2020

Cyagen Biosciences Suzhou closed a $41 million Series B financing that it will use to expand its genetically modified rodent business. The round included investments from funds managed by CMS Capital, two GF Securities entities and Guanghua Investment. Founded in 2011, Cyagen claims to be the world's largest provider of custom-engineered mouse and rat models, offering transgenic, knockout, knock-in, CRISPR, and ES-cell based models. It also offers a comprehensive series of stem cell products for research use, including cell lines, media and differentiation kits. More details....

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