London, UK, 14 June 2018 – PatSnap, the world’s leading provider of research and development (R&D) analytics, has today closed its Series D investment round led by Sequoia Capital and Shunwei Capital, with participation from Qualgro. The company closed US$38 million from the three investors, taking PatSnap’s total funding to date to over US$100 million.
All of the investors have participated in PatSnap’s previous rounds, with Sequoia Capital leading PatSnap’s Series C investment in November 2016. Since then, PatSnap has launched its own R&D centre in Singapore, opened its first North American office in Los Angeles, and has been hiring at a rapid pace.
Steven...