Daily BriefsSingapore

Daily Brief Singapore: GDMC , Bluesheets and more

In today’s briefing:

  • GDMC nets US$21M in Series A for its next-gen advanced genetic therapies | e27
  • Bluesheets Raises US$6.5M in Series A Led by Illuminate Financial


GDMC nets US$21M in Series A for its next-gen advanced genetic therapies | e27

By e27

  • Genetic Design and Manufacturing Corporation (GDMC), a design and manufacturing organisation focusing on next-generation advanced genetic therapies, has secured US$21 million in Series A funding.
  • Asian private equity firm Celadon Partners led the round, which also saw participation from WI Harper Group, SEEDS Capital, and NSG Ventures.
  • The funds will be used to accelerate novel technology and process efficiency improvements to drive greater manufacturing cost reductions for partners who aim to advance medicines through clinical trials and towards commercialisation.

Bluesheets Raises US$6.5M in Series A Led by Illuminate Financial

By e27

  • Singapore-based AI automation software company Bluesheets today announced that it has secured US$6.5 million in a Series A funding round led by Illuminate Financial, a UK-based financial-services-focused VC fund that is backed by BNY Mellon, J.P Morgan, Citi, SGX, Barclays, Euroclear, S&P Global, Jefferies and Deutsche Börse Group.
  • The company’s early investors, such as 1982 Ventures and Insignia Ventures Partners, and new investor Antler Elevate Fund also participated in the round.
  • In a press statement, Bluesheets said that the funding will play a crucial role in advancing its exclusive AI capabilities, enabling them to assist a broader range of clients in digitalising and automating their processes, ensuring competitiveness in the AI-driven era.

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