Bayer AG has announced the launch of Bayer Co.Lab AdVenture, a new platform designed to accelerate biotech innovation by connecting emerging startups with global venture capital networks. Introduced during the first anniversary of Bayer Co.Lab Shanghai, the platform aims to facilitate access to global financing, enabling the translation of early-stage ideas into impactful solutions. The initiative reflects Bayer's commitment to fostering innovation through collaboration, with inaugural partners including Shanghai Industrial Investment Capital, Legend Capital, IDG Capital, and Bayland Capital. Additionally, Bayer Co.Lab Shanghai welcomed new biotech startups OTR Therapeutics and Nutshell Therapeutics, whose research aligns with Bayer's strategic priorities in addressing high unmet medical needs.