# D3 Bio funding: rounds and investors

> D3 Bio has raised $108M across 1 round since 2025. Investors include IDG Capital, HSG and Temasek Holdings. Every round with its source.

Source: https://millionrounds.com/company/d3-bio (Millionrounds; every figure on the page links to its filing or article)

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

# Who invested in *D3 Bio*

One round we have observed, with the 4 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Biotech

Raised 11 months ago

Funding summary Updated 26 Oct 2026

**$108M** raised across 1 round since 2025, from 1 source

- **Latest round:** Series B, $108M Dec 2025
- **Investors:** 4

See who backed them

## The rounds

- **Dec 2025** Series B **$108M** [IDG Capital](https://millionrounds.com/fund/idg-capital) [HSG](https://millionrounds.com/fund/hsg) [Temasek Holdings](https://millionrounds.com/fund/temasek) [Matrix Partners China](https://millionrounds.com/fund/matrix-partners-china-2) Source recorded

## Everyone who backed them

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

[HSG](https://millionrounds.com/fund/hsg) VC firm **1** round

[Temasek Holdings](https://millionrounds.com/fund/temasek) VC firm **1** round

[Matrix Partners China](https://millionrounds.com/fund/matrix-partners-china-2) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=d3-bio).

## Quick answers about D3 Bio

### Who invested in D3 Bio?

D3 Bio's investors include IDG Capital, HSG, Temasek Holdings and Matrix Partners China.

### How much has D3 Bio raised?

D3 Bio has raised $108M across 1 round since 2025.

### When did D3 Bio last raise?

D3 Bio's most recent round was a Series B of $108M in Dec 2025.

### What was D3 Bio's biggest round?

Its most recent round, $108M in Dec 2025, is also its largest on record.

### Who backed D3 Bio first?

D3 Bio's first round on record, in Dec 2025, was backed by IDG Capital, HSG and Temasek Holdings and 1 others.

### What stage is D3 Bio at?

D3 Bio's latest named round is a Series B, in Dec 2025.

## Companies like D3 Bio

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

[**Cloverleaf Bio** $33M · Sept 2026](https://millionrounds.com/company/cloverleaf-bio)[**Cheiron** $8.0M · Jul 2026](https://millionrounds.com/company/cheiron)[**Tavo Biotherapeutics** $17M · Jun 2026](https://millionrounds.com/company/tavo-biotherapeutics)[**Countable Labs** $26M · May 2026](https://millionrounds.com/company/countable-labs)[**Oricell Therapeutics** $180M · Apr 2026](https://millionrounds.com/company/oricell-therapeutics)[**Immunofoco** $29M · Mar 2026](https://millionrounds.com/company/immunofoco)

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