# Codoon funding: rounds and investors

> Codoon has raised $61M across 4 rounds since 2011. Investors include Shenzhen Capital Group Co., SIG and CITIC Capital Holdings. Every round with its source.

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

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

# Who invested in *Codoon*

4 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

**$61M** raised across 4 rounds since 2011, from 4 sources

**$1.5M** Series A **$9.8M** Series A **$30M** Series B **$20M** Round

- **Latest round:** Round, $20M Feb 2018
- **Biggest round:** $30M Series B · Nov 2014
- **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.

2011 2012 2013 2014 2015 2016 2017 2018

**$1.5M** Series A

**$9.8M** Series A

**$30M** Series B

**$20M** Round

- **First round:** Series A, $1.5M
- **Biggest round:** $30M
- **Usual gap between rounds:** 2.9 years

## The rounds

- **Feb 2018** Round **$20M** *1 new* APE/ SBCVC Reported by China Money Network
- **Nov 2014** Series B **$30M** *2 new* [SIG](https://millionrounds.com/fund/sig) [SBCVC Fund III Company](https://millionrounds.com/fund/sbcvc-fund-iii-company) From a historical funding record
- **Mar 2014** Series A **$9.8M** *2 new* [Shenzhen Capital Group Co.](https://millionrounds.com/fund/shenzhen-capital-group) [CITIC Capital Holdings](https://millionrounds.com/fund/citic-capital) From a historical funding record
- **Apr 2011** Series A **$1.5M** No investor was named in the report. From a historical funding record

## 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** 2011 **Series A** 2014 **Series B** 2014 **Round** 2018 [Shenzhen Capital Group Co.](https://millionrounds.com/fund/shenzhen-capital-group) [SIG](https://millionrounds.com/fund/sig) [CITIC Capital Holdings](https://millionrounds.com/fund/citic-capital) [SBCVC Fund III Company](https://millionrounds.com/fund/sbcvc-fund-iii-company) APE/ SBCVC

## Everyone who backed them

[Shenzhen Capital Group Co.](https://millionrounds.com/fund/shenzhen-capital-group) Government **1** round

[SIG](https://millionrounds.com/fund/sig) Investment firm **1** round

[CITIC Capital Holdings](https://millionrounds.com/fund/citic-capital) Private equity **1** round

[SBCVC Fund III Company](https://millionrounds.com/fund/sbcvc-fund-iii-company) Investment firm **1** round

APE/ SBCVC 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=codoon).

## Quick answers about Codoon

### Who invested in Codoon?

Codoon's investors include Shenzhen Capital Group Co., SIG, CITIC Capital Holdings, SBCVC Fund III Company and APE/ SBCVC.

### How much has Codoon raised?

Codoon has raised $61M across 4 rounds since 2011.

### When did Codoon last raise?

Codoon's most recent round was an Undisclosed round of $20M in Feb 2018.

### What was Codoon's biggest round?

Codoon's largest round on record is $30M (Series B), in Nov 2014.

### Who backed Codoon first?

Codoon's first round on record, in Mar 2014, was backed by Shenzhen Capital Group Co. and CITIC Capital Holdings.

### What stage is Codoon at?

Codoon's latest named round is an Undisclosed round, in Feb 2018.

### Where is Codoon based?

Codoon is based in China.

## Companies like Codoon

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)

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