Investments
26Portfolio Exits
13Funds
8About BVCF
BVCF, formally known as BioVeda China Fund, is a growth capital focused private equity fund specializing in China Life Sciences and Healthcare industry. Headquartered in Shanghai, BVCF primarily focuses on equity investments in growth-stage companies in the field of Pharmaceuticals, Biotechnology, Traditional Chinese Medicine, Medical Devices, Healthcare Services, Industrial and Environmental Biotechnology.

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Latest BVCF News
Sep 22, 2022
NAMIBIA – Beef Value Chain Forum (BVCF), a consortium formed by Namibian beef producers, has raised an additional N$27.56 million (US$1.85m) to invest in a new beef export processing facility, known as Savanna Beef Processors Limited. The BVCF was officially inaugurated in 2021 with a growing membership base of over 500 members, with the aim…
BVCF Investments
26 Investments
BVCF has made 26 investments. Their latest investment was in Cellenkos as part of their Series A on November 11, 2021.

BVCF Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
11/4/2021 | Series A | Cellenkos | $15M | Yes | 7 | |
5/5/2021 | Series C | Oculis | $57M | Yes | 12 | |
2/9/2021 | Series B | Drug Farm | $56M | Yes | 11 | |
1/5/2021 | Series A | |||||
1/3/2021 | Series C |
Date | 11/4/2021 | 5/5/2021 | 2/9/2021 | 1/5/2021 | 1/3/2021 |
---|---|---|---|---|---|
Round | Series A | Series C | Series B | Series A | Series C |
Company | Cellenkos | Oculis | Drug Farm | ||
Amount | $15M | $57M | $56M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 7 | 12 | 11 |
BVCF Portfolio Exits
13 Portfolio Exits
BVCF has 13 portfolio exits. Their latest portfolio exit was Oculis on March 03, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
3/3/2023 | Reverse Merger | 3 | |||
12/30/2022 | IPO | Public | 4 | ||
10/14/2022 | Acq - Pending | 3 | |||
Date | 3/3/2023 | 12/30/2022 | 10/14/2022 | ||
---|---|---|---|---|---|
Exit | Reverse Merger | IPO | Acq - Pending | ||
Companies | |||||
Valuation | |||||
Acquirer | Public | ||||
Sources | 3 | 4 | 3 |
BVCF Acquisitions
1 Acquisition
BVCF acquired 1 company. Their latest acquisition was China Health System on December 18, 2006.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
12/18/2006 | Growth Equity | $120.1M | Leveraged Buyout | 1 |
Date | 12/18/2006 |
---|---|
Investment Stage | Growth Equity |
Companies | |
Valuation | |
Total Funding | $120.1M |
Note | Leveraged Buyout |
Sources | 1 |
BVCF Fund History
8 Fund Histories
BVCF has 8 funds, including BVCF IV.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
12/3/2018 | BVCF IV | Multi-Stage Venture Capital | Open | 3 | |
4/7/2014 | BioVeda China Fund III LP | ||||
4/4/2014 | BVCF III | ||||
4/15/2008 | BioVeda China Fund II LP | ||||
6/30/2005 | BioVeda China LP |
Closing Date | 12/3/2018 | 4/7/2014 | 4/4/2014 | 4/15/2008 | 6/30/2005 |
---|---|---|---|---|---|
Fund | BVCF IV | BioVeda China Fund III LP | BVCF III | BioVeda China Fund II LP | BioVeda China LP |
Fund Type | Multi-Stage Venture Capital | ||||
Status | Open | ||||
Amount | |||||
Sources | 3 |
BVCF Team
4 Team Members
BVCF has 4 team members, including current Founder, Managing Partner, Zhi Yang.
Name | Work History | Title | Status |
---|---|---|---|
Zhi Yang | Founder, Managing Partner | Current | |
Name | Zhi Yang | |||
---|---|---|---|---|
Work History | ||||
Title | Founder, Managing Partner | |||
Status | Current |
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