PatSnap secures USD$300 million in Series E funding
As one of the first batch of NUSRI Suzhou's incubatees, Patsnap, one of the first Unicorns in the Innovation Intelligence industry, has secured USD$300 million in Series E funding. The investment round was led by SoftBank Vision Fund 2 and Tencent Investment with participation from CPE Industrial Fund and existing investors Sequoia China, Shun Wei Capital, and Vertex Ventures.
Incubated at BLOCK71 Suzhou for nearly ten years, Patsnap has grown up into the world's leading provider of research and development (R&D) analytics. PatSnap prepares for the next phase of growth to further scale the adoption of its innovation intelligence platform, which powers R&D and IP teams developing and commercialising the world’s most innovative products.