TEDA-based Yuantian Biotechnology Secures over RMB 100 Million in Series A Financing

Recently, TEDA-based Yuantian Biotechnology (Tianjin) Co., Ltd. announced the completion of its Series A financing round, securing over RMB 100 million. This round of financing was co-invested by institutions including Guotai Haitong, Xiamen ITG Capital, Jinqiao Fund, and Wangrui Capital, with continuous additional investment from existing shareholder Peiyang Begonia Fund. The funds raised will be primarily used for the technological iteration, early-stage construction, and market promotion of a 100,000-ton production line, accelerating the industrialization process of enzymatic recycled PET plastics and injecting strong momentum into the green development of the biomanufacturing industry in TEDA.

Founded in TEDA in 2022, Yuantian Biotechnology focuses on the R&D and industrial application of bio-enzymatic recycling technology for waste PET plastics, with products widely applied in fields such as food packaging, textile fibers, engineering materials, and optical devices. Relying on TEDA's high-quality industrial ecosystem and business environment, the company has achieved leapfrog development since its establishment. The company has achieved milstones like commissioning the world's first 300-ton/year enzymatic recycled PTA pilot line in 2024, breaking ground on a 6,500-ton/year recycled PET production line early this year, and now preparing for a large-scale 100,000-ton line. Yuantian Biotechnology is accelerating its capacity deployment to promote the efficient recycling of polymer plastics.