# Connect Biopharmaceuticals funding: rounds and investors

> Connect Biopharmaceuticals has raised $75M across 2 rounds since 2017. Investors include Cowin Capital, Advantech Capital and Lapam Capital.

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

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

# Who invested in *Connect Biopharmaceuticals*

2 rounds we have observed, with the 3 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

**$75M** raised across 2 rounds since 2017, from 2 sources

**$20M** Series A **$55M** Series B

- **Latest round:** Series B, $55M Jan 2019
- **Step-up i:** 2.8×
- **Investors:** 3

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.

2017 2018 2019

**$20M** Series A

**$55M** Series B

- **First round:** Series A, $20M
- **Biggest round:** $55M
- **Between rounds:** 23 months

## The rounds

- **Jan 2019** Series B **$55M** *1 new* [Advantech Capital](https://millionrounds.com/fund/advantech-capital) Reported by China Money Network
- **Jan 2017** Series A **$20M** *2 new* [Cowin Capital](https://millionrounds.com/fund/cowin-venture-capital) [Lapam Capital](https://millionrounds.com/fund/lapam-capital) 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** 2017 **Series B** 2019 [Cowin Capital](https://millionrounds.com/fund/cowin-venture-capital) [Advantech Capital](https://millionrounds.com/fund/advantech-capital) [Lapam Capital](https://millionrounds.com/fund/lapam-capital)

## Everyone who backed them

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

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

[Lapam Capital](https://millionrounds.com/fund/lapam-capital) Investment firm **1** round

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

## Also claim to have backed them

This firm lists Connect Biopharmaceuticals as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) VC firm Per its own site

## Quick answers about Connect Biopharmaceuticals

### Who invested in Connect Biopharmaceuticals?

Connect Biopharmaceuticals's investors include Cowin Capital, Advantech Capital and Lapam Capital.

### How much has Connect Biopharmaceuticals raised?

Connect Biopharmaceuticals has raised $75M across 2 rounds since 2017.

### When did Connect Biopharmaceuticals last raise?

Connect Biopharmaceuticals's most recent round was a Series B of $55M in Jan 2019.

### What was Connect Biopharmaceuticals's biggest round?

Its most recent round, $55M in Jan 2019, is also its largest on record.

### Who backed Connect Biopharmaceuticals first?

Connect Biopharmaceuticals's first round on record, in Jan 2017, was backed by Cowin Capital and Lapam Capital.

### What stage is Connect Biopharmaceuticals at?

Connect Biopharmaceuticals's latest named round is a Series B, in Jan 2019.

### Where is Connect Biopharmaceuticals based?

Connect Biopharmaceuticals is based in China.

## Companies like Connect Biopharmaceuticals

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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