The Portfolio Company of Venture Capital Group's Co-investment Fund, Moyang Biotechnology, Completes a New Round of Financing to Fully Expand New Opportunities in the Medical Aesthetics Industry
Recently, Shanghai Moyang Biotechnology Co., Ltd. (hereinafter referred to as "Moyang Biotechnology"), a portfolio company of Nanjing Borui Jiatai Phase II Equity Investment Partnership (Limited Partnership) – a co-investment fund of the Venture Capital Group – announced the successful completion of a new round of financing worth several hundred million yuan. This round of financing has attracted participation from well-known domestic leading funds and investment institutions such as Huagai Capital and Lanqi Ventures. The funds will be mainly used to further expand the marketing team, enhance global market coverage, simultaneously accelerate the R&D process of next-generation products (e.g., Youfalan™ Magic CC Needle), advance Moyang Biotechnology’s industrial layout in the regenerative medical aesthetics field, and assist it in advancing at full speed toward the goal of becoming a "leading enterprise in the regenerative medical aesthetics field" in the medical aesthetics industry.

Moyang Biotechnology is a national-level innovative high-tech enterprise dedicated to the R&D, production, sales, and consulting services of nano medical biomaterials and absorbable Class III implant products. It currently has a complete set of Grade 100 automated filling production equipment, inspection equipment, as well as testing facilities including Grade 10,000 clean rooms, microbiology laboratories, and positive control rooms. At present, the company’s products have obtained product registration certificates issued by the Shanghai Municipal Medical Products Administration and have also obtained the Medical Device Production License. In accordance with market demands and industry development trends, a number of the company’s forward-looking R&D projects have entered the design and development or feasibility demonstration stage. In addition, some of the company’s products have obtained the FSC (Free Sale Certificate) issued by the Shanghai Municipal Medical Products Administration and have entered the international market, currently providing higher-quality treatment methods and care to people pursuing beauty in more than 30 countries around the world.
In June 2023, Nanjing Borui Jiatai Phase II Equity Investment Partnership (Limited Partnership) participated in Moyang Biotechnology’s Series B financing. Established in February 2021, this fund is managed by Borui Yuye (Shanghai) Equity Investment Management Co., Ltd. With a total scale of 150 million yuan, the fund includes a 10 million yuan investment from the Nanjing Industrial Fund, which is entrusted to Nanjing Innovation and Venture Capital Group for management, accounting for 6.67% of the total fund scale. The fund mainly invests in high-quality medical and health industry enterprises with growth potential, covering sectors such as pharmaceutical operations, biotechnology, medical services, medical devices, equipment diagnosis, animal health, and other medical and health-related fields.
Source: Zhou Xin, Fund Department
Review: Xue Yao
Release: You Yi