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Singapore Biopharma Manufacturer Raises $200 Million Series A

Published: May 27, 2021 By Alex Keown Singapore-based Esco Lifesciences closed a  $200 million oversubscribed Series A financing and crossover round that will enable the company that provides life sciences tools and services to expand its toehold in China and the United States.  Esco is a manufacturer of laboratory and biopharma equipment and IVF medical devices. The company has four different divisions, Scientific, Medical, Healthcare, and Aster, which offers “mission-critical equipment and advanced solutions” to laboratories, clinics, and bio-pharma production sites in over 100 countries.  The company employs more than 1,300 people across the globe. It has offices in more than 100 companies, including eight manufacturing and R&D hubs in the US, Europe, the UK, China, and Singapore. The financing round is the largest private fundraising round by an Asia-based life sciences tools company, Esco said in its announcement. 

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Esco Lifesciences Closes a Record-Setting US$200M Series A Round Led by Vivo Capital and Novo Holdings

Esco Lifesciences Closes a Record-Setting US$200M Series A Round Led by Vivo Capital and Novo Holdings
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This 33-Year-Old Earns $226,000 and Is on Track to Be a Millionaire by 36—Here's Why She Doesn't Plan to Stop Working

In addition to continuing to grow her company, Fu has another big money goal in mind: Becoming a millionaire by 36. And with a net worth of around $700,000, not including the valuation of her company, she s well on her way to reaching that milestone.  One reason Fu aims to grow her net worth is so she can eventually become financially independent, an idea she first came across on YouTube when she discovered the FIRE movement, which focuses on financial independence and retiring early.  The idea of financial independence, or not needing to rely on a typical job for income, resonated with Fu. But she doesn t plan to stop working anytime soon even when she becomes a millionaire.

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This 33-Year-Old Earns $226,000 and Is on Track to Be a Millionaire by 36—Here's Why She Doesn't Plan to Stop Working

This 33-Year-Old Earns $226,000 and Is on Track to Be a Millionaire by 36—Here's Why She Doesn't Plan to Stop Working
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This 33-Year-Old Entrepreneur Earns $226,000 in San Francisco—Here's How She Spends Her Money

This 33-Year-Old Entrepreneur Earns $226,000 in San Francisco—Here's How She Spends Her Money
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