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Great Bay Bio Closes $10 Million Funding for AI CMC Biologic Services

publication date: Dec 31, 2021

Great Bay Bio of Hong Kong closed a $10 million Series A funding for its AI-enabled CMC bioprocessing of biologic drug candidates. The company says its technology addresses the problems of high failure rates, long development timelines and high costs. GBB has accumulated large amounts of bioprocessing development data from its 3100 square meter CMC facility. It is creating an intelligent centralized database, using deep learning to create a next-gen AI-enabled bioprocessing ecosystem. FutureX Capital was the last investor to join the financing. More details....

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