Shengpeng You
尤生萍
Shengpeng You (尤生萍) is a founder in China's biotech sector, best known as the founder of Yuantian Bio (源天生物), a company developing enzymatic PET recycling technology . The company has raised at least two rounds of venture funding, including a nearly 100 million yuan Pre-A+ round in 2025 and a 100 million yuan Series A in 2026, with Dalton Venture (道彤投资) as a backer . Yuantian Bio's process uses hydrolytic enzymes to degrade and recycle PET, and as of mid-2026 was nearing launch of what it described as the world's first 1,000-ton-scale continuous enzymatic recycling production line, while also selling rPTA monomers and bio-recycled yarn materials to global chemical and fashion brands .
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Coverage
Cost Cut by 50%, World's First 1,000-Ton-Scale Enzymatic Recycling Continuous Production Line Nears Launch as Source Tian Biotechnology Closes 100 Million Yuan Series A | Dalton Venture Family
Recently, **Dalton Venture portfolio company Yuantian Biotechnology (Tianjin) Co., Ltd.** (hereinafter referred to as "Yuantian Biotech") announced the completion of a 100-million-yuan Series A funding round. This round was led by Guotai Haitong and Jinqiao Fund, with follow-on investments from existing shareholders including Beiyang Haitang Fund. **The proceeds will be primarily used for technology iteration of its 100,000-ton production line, early-stage construction, and market promotion.**
A Decade of Dalton, Igniting a New Chapter of Intelligence | Dalton Venture's 2025 Annual Partners Meeting and 10th Anniversary Forum Concludes Successfully
Together, Toward the Brilliance and Distant Horizons of the Next Decade
Wanwu Capital's Bio-Manufacturing Industry Partners Conference Convenes in Shanghai! Shanghai's First Bio-Manufacturing Industry Fund Launches, Partners Discuss the Golden Decade
On the afternoon of October 23, 2025, the "Sheng Yan Wan Wu | Bio-Manufacturing Industry Value Partners Conference," co-hosted by Dalton Venture and OPM Biosciences [688293], was held in Shanghai. Centered on the theme "Sheng Yan Wan Wu" (Life Begets All Things), the conference brought together representatives from government agencies, scholars from research institutes, industry-leading entrepreneurs, fund investors, and ecosystem partners to explore cutting-edge trends in bio-manufacturing and pathways for industrial collaboration.
Yuantian Biotechnology Closes Nearly 100 Million Yuan Pre-A+ Round, Dalton Venture Bets on Enzymatic PET Recycling | Dalton News
Recently, **Yuantian Biotechnology (Tianjin) Co., Ltd. (hereinafter referred to as "Yuantian Bio") announced the completion of a nearly 100 million yuan Pre-A+ funding round, with Dalton Venture participating in this round** to support the company's kiloton-scale production line construction, product technology advancement, and market expansion.



