Unicorn Nest news
Delonix Bioworks Closes $14 Million Series Seed Financing to Accelerate the Development of its Innovative Synthetic Vaccines
– Delonix Bioworks has closed a $14m Series Seed financing to accelerate the development of its innovative synthetic vaccines.
– The financing was led by Boehringer Ingelheim Venture Fund and IDG Capital with participation from ZhenFund and an undisclosed investor.
– The financing will be used to accelerate the building of synthetic biology vaccine platforms and advance pipelines of synthetic vaccines to clinical trials.
– Delonix is working on innovative synthetic biology approaches to develop the next generation medical solutions to address global public health challenges.
– Current lead programs target anti-microbial resistance (AMR).
Unicorn Nest news
How China’s synthetic media startup Surreal nabs funding in 3 months
– Surreal, a China-based AI startup, raised $2-3m in seed funding.
– The round was led by Sequoia China and ZhenFund.
– The company is merely three months old but has already secured a seed round of $2-3 million from two prominent investors, Sequoia China and ZhenFund.
– Surreal received nearly 10 investment offers in this round, as investors jostled to bet on a future shaped by AI-generated content.