# Alphamab Oncology funding: rounds and investors

> Alphamab Oncology has raised $160M across 2 rounds since 2018. Investors include Advantech Capital, PAG and Hudson Bay Capital Management LP.

Source: https://millionrounds.com/company/alphamab-oncology (Millionrounds; every figure on the page links to its filing or article)

China · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Alphamab Oncology*

2 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Biotech Healthcare

Funding summary Updated 26 Oct 2026

**$160M** raised across 2 rounds since 2018, from 2 sources

**$100M** Series A **$60M** Series B

- **Latest round:** Series B, $60M May 2019
- **Led by:** Hudson Bay Capital Management LP
- **Biggest round:** $100M Series A · Nov 2018
- **Investors:** 9 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2019

**$100M** Series A

**$60M** Series B

- **First round:** Series A, $100M
- **Biggest round:** $100M
- **Between rounds:** 6 months

## The rounds

- **May 2019** Series B **$60M** *3 new* *2 returning* Hudson Bay Capital Management LP Lead [Advantech Capital](https://millionrounds.com/fund/advantech-capital) [C Ventures](https://millionrounds.com/fund/c-ventures) [PAG](https://millionrounds.com/fund/pag) China Venture(CVC) Reported by FinSMEs
- **Nov 2018** Series A **$100M** *6 new* [OrbiMed](https://millionrounds.com/fund/orbimed) [Advantech Capital](https://millionrounds.com/fund/advantech-capital) [PAG](https://millionrounds.com/fund/pag) [Heritage Provider Network](https://millionrounds.com/fund/heritage-provider-network) [ChinaVenture](https://millionrounds.com/fund/chinaventure) [Janchor Partners](https://millionrounds.com/fund/janchor-partners) Reported by FinSMEs

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2018 **Series B** 2019 [Advantech Capital](https://millionrounds.com/fund/advantech-capital) [PAG](https://millionrounds.com/fund/pag) Hudson Bay Capital Management LP L [OrbiMed](https://millionrounds.com/fund/orbimed) [C Ventures](https://millionrounds.com/fund/c-ventures) [Heritage Provider Network](https://millionrounds.com/fund/heritage-provider-network) [ChinaVenture](https://millionrounds.com/fund/chinaventure) [Janchor Partners](https://millionrounds.com/fund/janchor-partners) China Venture(CVC)

## Everyone who backed them

[Advantech Capital](https://millionrounds.com/fund/advantech-capital) Private equity **2** rounds

[PAG](https://millionrounds.com/fund/pag) Angel **2** rounds

Hudson Bay Capital Management LP no record of our own yet **1** round, led 1

[OrbiMed](https://millionrounds.com/fund/orbimed) Private equity **1** round

[C Ventures](https://millionrounds.com/fund/c-ventures) VC firm **1** round

[Heritage Provider Network](https://millionrounds.com/fund/heritage-provider-network) Corporate VC **1** round

[ChinaVenture](https://millionrounds.com/fund/chinaventure) Private equity **1** round

[Janchor Partners](https://millionrounds.com/fund/janchor-partners) Private equity **1** round

China Venture(CVC) no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=alphamab-oncology).

## Quick answers about Alphamab Oncology

### Who invested in Alphamab Oncology?

Alphamab Oncology's investors include Advantech Capital, PAG, Hudson Bay Capital Management LP, OrbiMed and C Ventures, and 4 more on record. Hudson Bay Capital Management LP led its latest round.

### How much has Alphamab Oncology raised?

Alphamab Oncology has raised $160M across 2 rounds since 2018.

### When did Alphamab Oncology last raise?

Alphamab Oncology's most recent round was a Series B of $60M in May 2019, led by Hudson Bay Capital Management LP.

### What was Alphamab Oncology's biggest round?

Alphamab Oncology's largest round on record is $100M (Series A), in Nov 2018.

### Who backed Alphamab Oncology first?

Alphamab Oncology's first round on record, in Nov 2018, was backed by OrbiMed, Advantech Capital and PAG and 3 others.

### What stage is Alphamab Oncology at?

Alphamab Oncology's latest named round is a Series B, in May 2019.

### Where is Alphamab Oncology based?

Alphamab Oncology is based in China.

### Who led Alphamab Oncology's rounds?

Hudson Bay Capital Management LP led the Series B in 2019.

## Companies like Alphamab Oncology

In the same sector, and raised in the last eighteen months.

[**Nutshell Therapeutics** $40M · Sept 2026](https://millionrounds.com/company/nutshell-therapeutics)[**RNAimmune** $4.5M · Aug 2026](https://millionrounds.com/company/rnaimmune)[**Gestala** $22M · Mar 2026](https://millionrounds.com/company/gestala)[**Adlai Nortye** $190M · Feb 2026](https://millionrounds.com/company/adlai-nortye)[**HitGen** $39M · Nov 2025](https://millionrounds.com/company/hitgen)[**Adagene** $83M · Jul 2025](https://millionrounds.com/company/adagene)

## Find investors like these

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