# Fusion Pharmaceuticals funding: rounds and investors

> Fusion Pharmaceuticals has raised $85M across 2 rounds since 2017. Investors include OrbiMed, Perceptive Advisors and TPG. Every round with its source.

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

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

# Who invested in *Fusion Pharmaceuticals*

2 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

**$85M** raised across 2 rounds since 2017, from 2 sources

**$25M** Series A **$60M** Round

- **Latest round:** Round, $60M Feb 2023
- **Step-up i:** 2.4×
- **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.

2017 2018 2019 2020 2021 2022 2023

**$25M** Series A

**$60M** Round

- **First round:** Series A, $25M
- **Biggest round:** $60M
- **Between rounds:** 5.9 years

## The rounds

- **Feb 2023** Round **$60M** *3 new* [OrbiMed](https://millionrounds.com/fund/orbimed) [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) [Adams Street Partners](https://millionrounds.com/fund/adams-street-partners) Source recorded
- **Feb 2017** Series A **$25M** *4 new* [TPG](https://millionrounds.com/fund/tpg) [Genesys Capital](https://millionrounds.com/fund/genesys-capital) [FACIT](https://millionrounds.com/fund/facit) Johnson & Johnson Innovation/ HealthCap 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 **Round** 2023 [OrbiMed](https://millionrounds.com/fund/orbimed) [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) [TPG](https://millionrounds.com/fund/tpg) [Adams Street Partners](https://millionrounds.com/fund/adams-street-partners) [Genesys Capital](https://millionrounds.com/fund/genesys-capital) [FACIT](https://millionrounds.com/fund/facit) Johnson & Johnson Innovation/ HealthCap

## Everyone who backed them

[OrbiMed](https://millionrounds.com/fund/orbimed) Private equity **1** round

[Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) Asset manager **1** round

[TPG](https://millionrounds.com/fund/tpg) Private equity **1** round

[Adams Street Partners](https://millionrounds.com/fund/adams-street-partners) VC firm **1** round

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

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

Johnson & Johnson Innovation/ HealthCap 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=fusion-pharmaceuticals).

## Also claim to have backed them

These 3 firms list Fusion Pharmaceuticals as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[HealthCap](https://millionrounds.com/fund/healthcap) VC firm Per its own site

[Seroba.](https://millionrounds.com/fund/seroba) VC firm Per its own site

[Seroba Life Sciences](https://millionrounds.com/fund/seroba-life-sciences) VC firm Per its own site

## Quick answers about Fusion Pharmaceuticals

### Who invested in Fusion Pharmaceuticals?

Fusion Pharmaceuticals's investors include OrbiMed, Perceptive Advisors, TPG, Adams Street Partners and Genesys Capital, and 2 more on record.

### How much has Fusion Pharmaceuticals raised?

Fusion Pharmaceuticals has raised $85M across 2 rounds since 2017.

### When did Fusion Pharmaceuticals last raise?

Fusion Pharmaceuticals's most recent round was an Undisclosed round of $60M in Feb 2023.

### What was Fusion Pharmaceuticals's biggest round?

Its most recent round, $60M in Feb 2023, is also its largest on record.

### Who backed Fusion Pharmaceuticals first?

Fusion Pharmaceuticals's first round on record, in Feb 2017, was backed by TPG, Genesys Capital and FACIT and 1 others.

### What stage is Fusion Pharmaceuticals at?

Fusion Pharmaceuticals's latest named round is an Undisclosed round, in Feb 2023.

### Where is Fusion Pharmaceuticals based?

Fusion Pharmaceuticals is based in Canada.

## Companies like Fusion Pharmaceuticals

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

[**Biossil** $153M · Sept 2026](https://millionrounds.com/company/biossil)[**Altis Labs** $31M · Sept 2026](https://millionrounds.com/company/altis-labs)[**The Wellness Company** $1.2M · Sept 2026](https://millionrounds.com/company/the-wellness-company)[**VoxCell** $2.2M · Sept 2026](https://millionrounds.com/company/voxcell)[**Cardiol Therapeutics** $7.0M · Sept 2026](https://millionrounds.com/company/cardiol-therapeutics)[**Fullscript** Sept 2026](https://millionrounds.com/company/fullscript)

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