About Hope Medicine
Hope Medicine is a company based in Shanghai (China) founded in 2018 by Rui Ping Xiao. It operates as a HealthTech. Hope Medicine has raised $56 million across 3 funding rounds from investors including Bayer, Qiming Venture Partners and Ennovation Ventures. Hope Medicine offers products and services including HMI-115. Hope Medicine operates in a competitive market with competitors including Cosmo Pharmaceuticals, Sprout Pharmaceuticals, ObsEva, Rejoni and Gameto, among others.
- Headquarter Shanghai, China
- Founders Rui Ping Xiao
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Hope Medicine Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$56 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Bayer
& 8 more
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Employee Count
Employee Count
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Products & Services of Hope Medicine
Hope Medicine offers a comprehensive portfolio of products and services, including HMI-115. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A monoclonal antibody developed for endometriosis treatment.
Funding Insights of Hope Medicine
Hope Medicine has successfully raised a total of $56M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Series B - Hope Medicine | Valuation | Ennovation Ventures , Sinovation Ventures | |
| May, 2021 | Amount | Series B - Hope Medicine | Valuation | Qiming Venture Partners | |
| Apr, 2019 | Amount | Series A - Hope Medicine | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Hope Medicine
Hope Medicine has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Bayer, Qiming Venture Partners and Ennovation Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Early-stage tech investments are targeted in China and the US.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Hope Medicine
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Hope Medicine
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hope Medicine Comparisons
Competitors of Hope Medicine
Hope Medicine operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cosmo Pharmaceuticals, Sprout Pharmaceuticals, ObsEva, Rejoni and Gameto, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Therapeutics for gastrointestinal diseases are developed and provided.
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| domain | founded_year | HQ Location |
Drugs for hypoactive sexual desire disorder in women are developed.
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| domain | founded_year | HQ Location |
Therapeutics for women's reproductive health and pregnancy are developed.
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| domain | founded_year | HQ Location |
Therapeutics for women's health conditions are developed using innovative hydrogels.
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| domain | founded_year | HQ Location |
Therapeutics for fertility and menopause treatments are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Hope Medicine
Frequently Asked Questions about Hope Medicine
When was Hope Medicine founded?
Hope Medicine was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Hope Medicine located?
Hope Medicine is headquartered in Shanghai, China.
Is Hope Medicine a funded company?
Hope Medicine is a funded company, having raised a total of $56M across 3 funding rounds to date.
What does Hope Medicine do?
Hope Medicine is a clinical-stage biotech company based in China, dedicated to the discovery, development, and commercialization of innovative medicines. The focus is on endocrine, cardiovascular, and metabolic diseases, with an emphasis on womens health. Research and development are supported by integrated platforms and clinical networks. Strategic efforts include building a robust pipeline through internal capabilities and external partnerships to address unmet medical needs.
Who are the top competitors of Hope Medicine?
Hope Medicine's top competitors include Sprout Pharmaceuticals, Cosmo Pharmaceuticals and Rejoni.
What products or services does Hope Medicine offer?
Hope Medicine offers HMI-115.
Who are Hope Medicine's investors?
Hope Medicine has 9 investors. Key investors include Bayer, Qiming Venture Partners, Ennovation Ventures, Zhongyininvest.com, and Sinovation Ventures.