# Apexigen funding: rounds and investors

> Apexigen has raised $30M across 3 rounds since 2013. Investors include 3E Bioventures, China Development Industrial Bank (CDIB) and Decheng Capital.

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

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Apexigen*

3 rounds we have observed, with the 7 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 Pharma

Funding summary Updated 26 Oct 2026

**$30M** raised across 3 rounds since 2013, from 3 sources

**$20M** Series A **$7.3M** Series C **$2.8M** Round

- **Latest round:** Round, $2.8M Jan 2023
- **Biggest round:** $20M Series A · Aug 2013
- **Investors:** 7

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.

2013 2015 2017 2019 2021 2023

**$20M** Series A

**$7.3M** Series C

**$2.8M** Round

- **First round:** Series A, $20M
- **Biggest round:** $20M
- **Usual gap between rounds:** 5 years

## The rounds

- **Jan 2023** Round **$2.8M** *1 new* [3E Bioventures](https://millionrounds.com/fund/3e-bioventures) Source recorded SEC filing: $5.6M sold, first sale Jan 2023
- **Aug 2018** Series C **$7.3M** *1 new* [Decheng Capital](https://millionrounds.com/fund/decheng-capital) Reported by FinSMEs
- **Aug 2013** Series A **$20M** *5 new* [China Development Industrial Bank (CDIB)](https://millionrounds.com/fund/china-development-industrial-bank-cdib) [Sycamore Ventures](https://millionrounds.com/fund/sycamore-ventures) [Amkey Ventures](https://millionrounds.com/fund/amkey-ventures) [Themes Investment Partners](https://millionrounds.com/fund/themes-investment-partners) WSR Capital Reported by finsmes.com SEC filing: $15M sold, first sale Apr 2013

## Founders and team

From the SEC filings it signed: 6 on the team.

- **Xiaodong Yang** President and CEO i
- **Francis Sarena** Chief Operating Officer i
- **Frank Hsu** Chief Medical Officer i
- **William Duke** Chief Financial Officer i
- **Amy Wong** Senior VP, Finance and Operations i
- **Meenu Karson** Chair of the Board i

On the board, as filed i *Dan Zabrowski* *Gordon Ringold* *Herb Cross* *Jakob Dupont* *Samuel Wertheimer* *Scott Smith*

## 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** 2013 **Series C** 2018 **Round** 2023 [3E Bioventures](https://millionrounds.com/fund/3e-bioventures) [China Development Industrial Bank (CDIB)](https://millionrounds.com/fund/china-development-industrial-bank-cdib) [Decheng Capital](https://millionrounds.com/fund/decheng-capital) [Sycamore Ventures](https://millionrounds.com/fund/sycamore-ventures) [Amkey Ventures](https://millionrounds.com/fund/amkey-ventures) [Themes Investment Partners](https://millionrounds.com/fund/themes-investment-partners) WSR Capital

## Everyone who backed them

[3E Bioventures](https://millionrounds.com/fund/3e-bioventures) VC firm **1** round

[China Development Industrial Bank (CDIB)](https://millionrounds.com/fund/china-development-industrial-bank-cdib) Growth equity **1** round

[Decheng Capital](https://millionrounds.com/fund/decheng-capital) VC firm **1** round

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

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

[Themes Investment Partners](https://millionrounds.com/fund/themes-investment-partners) VC firm **1** round

WSR Capital 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=apexigen).

## Quick answers about Apexigen

### Who invested in Apexigen?

Apexigen's investors include 3E Bioventures, China Development Industrial Bank (CDIB), Decheng Capital, Sycamore Ventures and Amkey Ventures, and 2 more on record.

### How much has Apexigen raised?

Apexigen has raised $30M across 3 rounds since 2013.

### When did Apexigen last raise?

Apexigen's most recent round was an Undisclosed round of $2.8M in Jan 2023.

### What was Apexigen's biggest round?

Apexigen's largest round on record is $20M (Series A), in Aug 2013.

### Who backed Apexigen first?

Apexigen's first round on record, in Aug 2013, was backed by China Development Industrial Bank (CDIB), Sycamore Ventures and Amkey Ventures and 2 others.

### What stage is Apexigen at?

Apexigen's latest named round is an Undisclosed round, in Jan 2023.

### Where is Apexigen based?

Apexigen is based in the United States.

## Companies like Apexigen

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

[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio)

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