BioCentury
ARTICLE | Finance

China innovators D3 Bio, Sanegene each draw $100M+ rounds: Venture Report

Plus: Long-acting obesity therapeutics play Prolynx draws $70M series A, and more

December 11, 2025 11:10 PM UTC

Two fast-moving companies with a presence in China raised nine-figure series B rounds this week, as each moves forward with multiple clinical programs.

D3 Bio Inc. and Sanegene Bio Inc., both founded in 2020, have reached human testing for their lead programs quickly, and intend to bring programs into late-stage development with their latest rounds...