Investment Summary

Eight Roads Invests In Changing Bio

On June 23, 2022, private equity firm Eight Roads invested in life science company Changing Bio

Investment Highlights
  • This is Eight Roads’ 70th transaction in the Life Science sector.
  • This is Eight Roads’ 63rd transaction in China.

Investment Summary

Date 2022-06-23
Target Changing Bio
Sector Life Science
Investor(s) Eight Roads
Deal Type Growth Capital

Target

Changing Bio

Shanghai, China
Changing Bio is a microorganism-based protein development applies synthetic biotechnology downscaling to food, using microorganisms to produce edible proteins. Changing Bio was founded in 2020 and is based in Shanghai, China.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor

Eight Roads

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1969
PE ASSETS 11.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Eight Roads is a private investment firm focused on a variety of investment opportunities across the US, Europe, and Asia. The Firm is divided into several investment strategies including venture, principal investing, and real estate. Within the principal investments group, Eight Roads backs established growth businesses with long-term capital. Eight Roads does not have any sector preferences, but has experience in fintech, business services, and healthcare. Eight Roads is based in London.


DEAL STATS #
Overall 286 of 293
Sector: Life Science M&A 70 of 73
Type: Growth Capital M&A Deals 18 of 18
Country: China M&A 63 of 66
Year: 2022 M&A 17 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-22 Spry

Mumbai, India

Spry is an end to end patient and practice management SaaS platform for physical therapists. Spry was founded in 2021 and is based in Pune, Maharashtra.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-28 Kaiko

Paris, France

Kaiko is a cryptocurrency market data provider for institutional investors and enterprises. Kaiko empower market participants with accurate, transparent, and actionable financial data to be leveraged for a range of market activities. Kaiko was founded in 2014 and is based in Paris, France.

Buy -