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WuXi AppTec

Asia, Shanghai, China, Shanghai

Description

WuXi AppTec, a leading global Contract Research, Development, and Manufacturing Organization (CRDMO), extends its influence beyond service provision through its dedicated corporate venture capital arm, WuXi Corporate Ventures. This investment arm strategically deploys capital into innovative life science companies, leveraging WuXi AppTec's extensive industry expertise and resources. The firm's investment strategy is deeply integrated with its core business, aiming to foster the growth of promising biotech, pharmaceutical, and medical device companies that align with future healthcare needs.

WuXi Corporate Ventures primarily focuses on early to growth-stage companies developing novel therapeutics, diagnostics, and medical technologies. Their investment thesis often centers on disruptive technologies and platforms that can accelerate drug discovery, development, and manufacturing processes. As a strategic investor, WuXi AppTec seeks to build long-term partnerships, providing not just financial capital but also access to its vast CRDMO capabilities, scientific expertise, and global network, thereby accelerating the progress of its portfolio companies from concept to commercialization.

Geographically, WuXi Corporate Ventures has a strong presence in key biotech hubs, particularly in China and the United States, reflecting the global nature of the life sciences industry. Their portfolio spans a diverse range of therapeutic areas, including oncology, immunology, neuroscience, and rare diseases. The firm's commitment to innovation is evident in its track record, having made approximately 28 reported investments to date, demonstrating a consistent engagement in the venture ecosystem.

While specific check sizes can vary widely based on the stage and capital requirements of the target company, WuXi Corporate Ventures typically participates in significant funding rounds. For instance, they co-led a $100 million Series B round for Insilico Medicine, highlighting their capacity for substantial contributions. Based on their participation in various Series A, B, and C rounds, their typical first check size for promising biotech ventures generally ranges from $5 million to $50 million, reflecting their strategic intent to be a meaningful partner in the growth of their portfolio companies.

Investor Profile

WuXi AppTec has backed more than 31 startups, with 0 new investments in the last 12 months alone. The firm has led 5 rounds, about 16% of its total and boasts 9 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Series C rounds (top funding stages).
  • Majority of deals are located in United States, China, Singapore.
  • Strong thematic focus on Biotechnology, Health Care, Pharmaceutical.
  • Typical check size: $5M – $50M.

Stage Focus

  • Series A (35%)
  • Series B (35%)
  • Series C (10%)
  • Series Unknown (6%)
  • Series D (6%)
  • Series E (3%)
  • Seed (3%)

Country Focus

  • United States (55%)
  • China (32%)
  • Singapore (6%)
  • United Kingdom (3%)
  • Hong Kong (3%)

Industry Focus

  • Biotechnology
  • Health Care
  • Pharmaceutical
  • Medical
  • Life Science
  • Therapeutics
  • Machine Learning
  • Artificial Intelligence (Ai)
  • Biopharma
  • Medical Device
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does WuXi AppTec frequently co-invest with?

Pfizer Venture Investments
North America, New York, United States, New York
Co-Investments: 4
Alexandria Venture Investments
North America, California, United States, Pasadena
Co-Investments: 5
Google Ventures
North America, California, United States, Mountain View
Co-Investments: 4
Partnership Fund for New York City
North America, New York, United States, New York
Co-Investments: 4
Johnson & Johnson Robotics and Digital Solutions
North America, New Jersey, United States, New Brunswick
Co-Investments: 5
HongShan
Asia, Beijing, China, Beijing
Co-Investments: 5
6 Dimensions Capital
Asia, Shanghai, China, Shanghai
Co-Investments: 4
WF
North America, Washington, United States, Seattle
Co-Investments: 5
Eli Lilly
North America, Indiana, United States, Indianapolis
Co-Investments: 5
ARCH Venture Partners
North America, Illinois, United States, Chicago
Co-Investments: 10

Which angels does WuXi AppTec often collaborate with?

HT
Europe, Noord-Brabant, The Netherlands, Tilburg
Shared Deals: 1
VW
North America, Florida, United States, Miami Beach
Shared Deals: 1
JD
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by WuXi AppTec?

D3 Bio

Shangai, Jiangxi, China

D3 Bio is a biotechnology company focusing on the development and registration of medicines.

BiotechnologyLife SciencePharmaceutical
Series AApr 8, 2024
Amount Raised: $62,000,000
Structure Therapeutics

South San Francisco, California, United States

Structure Therapeutics specializes in the discovery and development of drugs against a type of targets called GPCR.

BiotechnologyHealth CareMedicalPharmaceuticalProduct Research
Series BOct 20, 2021
Amount Raised: $100,000,000
Stemirna

Beijing, Beijing, China

Stemirna Therapeutics is a RNA technology based drug development company designed to maximize the potential of RNA science.

BiotechnologyMedicalPharmaceutical
Series CJun 3, 2021
Amount Raised: $187,388,738
MegaRobo

Beijing, Beijing, China

MegaRobo is an AI and robotics company that specializes in the fields of life sciences, clinical diagnosis, and applied chemistry.

Artificial Intelligence (AI)BiotechnologyLife ScienceRobotics
Series UnknownMay 28, 2021
Amount Raised: $65,000,000
Engine Biosciences

Singapore, Central Region, Singapore

Engine Biosciences is a biotech company that applies machine learning to genomics for drug discovery.

Artificial Intelligence (AI)BiotechnologyHealth CareMachine Learning
Series AMay 26, 2021
Amount Raised: $43,000,000
AnchorDx

Guangzhou, Guangdong, China

AnchorDx is a precision medicine firm.

BiotechnologyEmergency MedicinePharmaceuticalPrecision Medicine
Series CFeb 22, 2021
Amount Raised: $40,000,000
JW Therapeutics

Shanghai, Shanghai, China

JW Therapeutics is a developer of cell-based therapy technologies created to revolutionize cancer treatment.

BiotechnologyHealth CareOncologyTherapeutics
Series BJun 11, 2020
Amount Raised: $100,000,000
Insitro

South San Francisco, California, United States

Insitro is a drug discovery and development startup that utilizes machine learning and biology to transform drug discovery.

BiotechnologyHealth CareLife ScienceMachine LearningPharmaceuticalTherapeutics
Series BMay 26, 2020
Amount Raised: $143,000,000
Immunocore

Abingdon, Oxfordshire, United Kingdom

Immunocore is a biotechnology company that specializes in the development of TCR bispecific immunotherapies.

BiotechnologyHealth CareMedicalPharmaceutical
Series BMar 2, 2020
Amount Raised: $130,000,000
CANbridge Pharmaceuticals

Beijing, Beijing, China

CANbridge Pharmaceuticals is a bio-pharmaceutical company accelerating development and commercialization of specialty healthcare .

BiotechnologyHealth CarePharmaceutical
Series DFeb 18, 2020
Amount Raised: $98,000,000