ICarbonX

Shenzhen, China Founded: 2015 • Age: 11 yrs
Bioinformatics platforms are provided for health management and drug development.
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About ICarbonX

ICarbonX is a company based in Shenzhen (China) founded in 2015 by Yingrui Li, Chun Wu, Hao Li, and Jun Wang.. ICarbonX has raised $365.68 million across 5 funding rounds from investors including Tencent, Vcanbio Cell & Gene Engineering Corporation and China Money Network. ICarbonX has completed 1 acquisition, including Imagu. ICarbonX operates in a competitive market with competitors including Strand Life Sciences, Genuity Science, Cellworks, Rhelixa and Codetta, among others.

  • Headquarter Shenzhen, China
  • Founders Yingrui Li, Chun Wu, Hao Li, Jun Wang
  • Stage Unicorn
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $365.68 M (USD)

    in 5 rounds

  • Latest Funding Round
    $151 M (USD), Series D

    Apr 20, 2021

  • Investors
    Tencent

    & 5 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
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People of ICarbonX
Headcount 50-200
Employee Profiles 6
Employee Profiles
People
Leon Yao
Senior IT Director
People
Cynthia Jin 金雯飞
VP of Marketing & Operation
People
Yingrui Li
Co-Founder & Chief Scientist
People
Jun Wang
Founder, CEO & Board Member

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Funding Insights of ICarbonX

ICarbonX has successfully raised a total of $365.68M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $151 million completed in April 2021. 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 Rounds 5
  • Last Round Series D — $151.0M
  • First Round

    (21 Jan 2016)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2021 Amount Series D - ICarbonX Valuation China Money Network , China Investment Corporation
Jun, 2018 Amount Series A - ICarbonX Valuation Wealthking Investments
Jul, 2016 Amount Series A - ICarbonX Valuation China Bridge Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in ICarbonX

ICarbonX has secured backing from 6 investors, including institutional investors. Prominent investors backing the company include Tencent, Vcanbio Cell & Gene Engineering Corporation and China Money Network. 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.

All
Institutional
Investor Description Founded Year Domain Location
Investment data and intelligence on Chinese markets are provided.
Founded Year Domain Location
Serves as China's sovereign wealth fund, managing strategic investments globally.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ICarbonX

ICarbonX has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Imagu. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Object recognition software is developed for multiple industries.
2005
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - ICarbonX

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Icarbonx Comparisons

Employees
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Competitors of ICarbonX

ICarbonX 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 Strand Life Sciences, Genuity Science, Cellworks, Rhelixa and Codetta, 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
Provider of omics-based solutions for clinical genomics, systems biology, and drug discovery
domain founded_year HQ Location
AI-based omics data analysis solutions are provided to researchers.
domain founded_year HQ Location
Biosimulation platform developed for therapeutic design in life sciences.
domain founded_year HQ Location
Integrated genomic analysis platform for epigenome data is provided.
domain founded_year HQ Location
Omics clinical data is analyzed through an online platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Icarbonx

Frequently Asked Questions about ICarbonX

When was ICarbonX founded?

ICarbonX was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is ICarbonX located?

ICarbonX is headquartered in Shenzhen, China. It is registered at Shenzhen, Guangdong, China.

Who is the current CEO of ICarbonX?

Jun Wang is the current CEO of ICarbonX. They have also founded this company.

Is ICarbonX a funded company?

ICarbonX is a funded company, having raised a total of $365.68M across 5 funding rounds to date. The company's 1st funding round was a Series A of $45M, raised on Jan 21, 2016.

What does ICarbonX do?

iCarbonX was founded in 2015 in Shenzhen, China, focusing on bioinformatics for health management and drug development. Big data and artificial intelligence are utilized to analyze omic data alongside phenotypic, social, and environmental information. This analysis supports individual health management and pharmaceutical drug development. Key solutions include the Hey me platform for genetic testing, sports tracking, and personalized plans; the Healthtell immune response chip; and DigitalMe for chronic disease monitoring.

Who are the top competitors of ICarbonX?

ICarbonX's top competitors include Strand Life Sciences, Cellworks and Rhelixa.

How many acquisitions has ICarbonX made?

ICarbonX has made 1 acquisition, including Imagu.

Who are ICarbonX's investors?

ICarbonX has 6 investors. Key investors include Tencent, Vcanbio Cell & Gene Engineering Corporation, China Money Network, China Investment Corporation, and Wealthking Investments.

What is ICarbonX's valuation?

The valuation of ICarbonX is $1B as of Apr 2016.

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