Lynk Pharmaceuticals Completes Series C2 Financing Round, with Total C Round Funding of 322 Million RMB
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China’s skincare brand Zhuben closes $50m in Series A, B rounds
March 8, 2021
Shanghai-headquartered emerging skincare brand Zhuben has completed its Series A and B rounds raising a total of $50 million, according to a company statement on Monday.
Genesis Capital was the lead investor for the Series B round with the participation of Vision Plus Capital and 5Y Capital. Existing investor Yue Capital facilitated the transaction.
The Series A round was led by Vision Plus Capital while 5Y Capital and Yue Capital joined the round.
Zhuben will invest the proceeds towards product R&D, brand marketing, talent recruitment, and supply chain management.