ColorTech Biotechnology Co., Ltd. announced that it has received $23.5 million in funding from IDG Capital Partners Co., Ltd., Legend Capital Management Co., Ltd., HighLight Capital, SDIC Capital Co.,Ltd
December 19, 2021
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ColorTech (Suzhou) Biotechnology Co., Ltd. announced that it has received $23,500,000 in a round of funding on December 20, 2021. The transaction included participation from Legend Capital Management Co., Ltd., HighLight Capital, SDIC Capital Co.,Ltd., and returning investor IDG Capital Partners Co., Ltd.
SDIC Capital Co., Ltd, formerly SDIC Essence (Holdings) Co., Ltd, is a China-based company principally engaged in the securities business. The Company operates through five segments. The Brokerage segment manily includes brokerage business of securities and futures and the agent sales of financial products. Entrusted Asset Management segment mainly includes the pooled asset management, directional asset management and specific asset management. Proprietary Business segment mainly invests the Companyâs funds in equity securities, fixed income securities and derivatives and is involved in the market making business in the new over-the-counter (OTC) market. Investment Banking segment includes stock financing, bond financing, mergers and acquisitions and financial advisory services. Margin Trading segment includes margin trading, stock pledged repo and agreed-to-repurchase securities.
ColorTech Biotechnology Co., Ltd. announced that it has received $23.5 million in funding from IDG Capital Partners Co., Ltd., Legend Capital Management Co., Ltd., HighLight Capital, SDIC Capital Co.,Ltd