Diagnostic company EZlife Bio receives USD 7 M in Series A round
EZlife Bio
Founder: Wei Liao
Founded in: 2015
Financing status: RMB 50 million (USD 7 million) Series A financing in 2017
EZlife Bio is a diagnostic company specializing in noninvasive precision tumor gene detection based on an apparatus called EFIRM, which was independently developed by the company. In the past, it was hard to diagnose a tumor based on tumor tissue samples. EFIRM, the world’s first apparatus which does not need a tumor tissue sample for tumor diagnosis, uses venous blood sample from patients for gene analysis. This is a much more convenient measurement with high accuracy.
This Series A financing round was led by Sangel Capital. EZlife Bio has now seeked collaboration with more than 10 hospitals, and the fund will be used to expand its business cooperation with more hospitals and laboratories all over the world, increase research investment, and gene diagnostic development.
Power bank rental startup Xiaobanchongdian receives USD 2 M in angel round
Xiaobanchongdian
Founder: Li Yimin
Founded in: 2017
Financing status: RMB 15 million (USD 2 million) angel round in 2017
Xiaobanchongdian is a power bank rental startup that aims to replace the traditional way of purchasing a power bank. The Shanghai startup was founded this year, and has so far deployed more than 2,000 power bank rental terminals in Shanghai. Its power banks can be mainly found in shopping malls, restaurants, and supermarkets. In addition, Xiaobanchongdian requires a RMB 99 deposit before users are allowed to rent power banks. Users can take power banks away via QR code scanning on the terminals to place orders for power bank rentals, and return it to other terminals.
Xiaobanchongdian received this angel financing round from The Leading Win Fund, and it will use the funds for recruitment and manufacturing more power banks.
(Top photo from 58pic.com)
