On September 5th, Jiangsu Sanshu Technology Co., Ltd. (referred to as Sanshu Bio) announced the completion of a pre-Series A funding round of tens of millions of yuan. The funding round was led by Nantong Investment Management, with participation from Zhigeng Fund. The raised funds will be used for the research and development of plant-based new materials, the establishment of a mass spectrometry multi-omics and starch polysaccharide research and development platform, accelerating the development and implementation of innovative application scenarios for plant-based new materials, and building a complete industry chain production layout.
It is reported that Sanshu Bio was established in 2014 and has established an internationally leading research and testing service platform that integrates mass spectrometry multi-omics, starch polysaccharide analysis, and plant-based new material research and production. The company is committed to providing professional scientific research and technical services, covering areas such as Chinese medicinal materials, environment, and plant-based new materials. Their product portfolio includes new special functional starches, plant-based biodegradable materials, plant-based adhesives, plant-based capsules, and other directions.
CEO of Sanshu Bio, Zhou Wenzhi, stated, “Sanshu Bio is dedicated to innovation at the source of plant varieties. We use synthetic biology concepts and employ potato cell engineering and gene editing technologies to design and synthesize bio-polymer products with special structures and functions, such as starch and cellulose. We have also established a multi-omics, macromolecular structure-activity relationship research and formulation design platform, achieving full industry operation from germplasm, seedlings, cultivation, processing, polymer modification, formulation design to end products. We aim to provide comprehensive ‘product + technology’ solutions for the cosmetics, medical, environmental protection, and polymer materials industries, and strive to become a top global supplier of special starch materials.”
Cao Shumin, the founder of Zhigeng Fund, expressed, “In the increasingly competitive global energy environment, the prospect of plant-based new materials replacing or partially replacing chemical materials is very broad. We look forward to Sanshu Bio starting with special starch new materials and bringing about significant changes for the sustainable development of various industries.”
