# Biotheus funding: rounds and investors

> Biotheus has raised $115M across 2 rounds since 2019. Investors include IDG Capital, General Atlantic and Cowin Capital. Every round with its source.

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

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

# Who invested in *Biotheus*

2 rounds we have observed, with the 5 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

**$115M** raised across 2 rounds since 2019, from 2 sources

**$15M** Seed **$100M** Series D

- **Latest round:** Series D, $100M Mar 2021
- **Step-up i:** 6.9×
- **Investors:** 5

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.

2020 2021

**$15M** Seed

**$100M** Series D

- **First round:** Seed, $15M
- **Biggest round:** $100M
- **Between rounds:** 20 months

## The rounds

- **Mar 2021** Series D **$100M** *4 new* [IDG Capital](https://millionrounds.com/fund/idg-capital) [General Atlantic](https://millionrounds.com/fund/general-atlantic) [Cowin Capital](https://millionrounds.com/fund/cowin-venture-capital) [Highlight Capital](https://millionrounds.com/fund/highlight-capital) Source recorded
- **Jun 2019** Seed **$15M** *1 new* [Shiyu Capital](https://millionrounds.com/fund/shiyu-capital) Reported by 36Kr

## 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.

**Seed** 2019 **Series D** 2021 [IDG Capital](https://millionrounds.com/fund/idg-capital) [General Atlantic](https://millionrounds.com/fund/general-atlantic) [Cowin Capital](https://millionrounds.com/fund/cowin-venture-capital) [Highlight Capital](https://millionrounds.com/fund/highlight-capital) [Shiyu Capital](https://millionrounds.com/fund/shiyu-capital)

## Everyone who backed them

[IDG Capital](https://millionrounds.com/fund/idg-capital) Private equity **1** round

[General Atlantic](https://millionrounds.com/fund/general-atlantic) Private equity **1** round

[Cowin Capital](https://millionrounds.com/fund/cowin-venture-capital) VC firm **1** round

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

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

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

## Quick answers about Biotheus

### Who invested in Biotheus?

Biotheus's investors include IDG Capital, General Atlantic, Cowin Capital, Highlight Capital and Shiyu Capital.

### How much has Biotheus raised?

Biotheus has raised $115M across 2 rounds since 2019.

### When did Biotheus last raise?

Biotheus's most recent round was a Series D of $100M in Mar 2021.

### What was Biotheus's biggest round?

Its most recent round, $100M in Mar 2021, is also its largest on record.

### Who backed Biotheus first?

Biotheus's first round on record, in Jun 2019, was backed by Shiyu Capital.

### What stage is Biotheus at?

Biotheus's latest named round is a Series D, in Mar 2021.

### Where is Biotheus based?

Biotheus is based in China.

## Companies like Biotheus

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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