# Hinova Pharma funding: rounds and investors

> Hinova Pharma has raised $187M across 2 rounds since 2019. Investors include GF Xinde Investment Management, Hermed Capital and Fosun Capital.

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

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

# Who invested in *Hinova Pharma*

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

**$187M** raised across 2 rounds since 2019, from 2 sources

**$40M** Series B **$147M** Series C

- **Latest round:** Series C, $147M Oct 2020
- **Step-up i:** 3.7×
- **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.

2020

**$40M** Series B

**$147M** Series C

- **First round:** Series B, $40M
- **Biggest round:** $147M
- **Between rounds:** 14 months

## The rounds

- **Oct 2020** Series C **$147M** *1 new* [GF Xinde Investment Management](https://millionrounds.com/fund/gf-xinde-investment-management) Source recorded
- **Jul 2019** Series B **$40M** *2 new* [Hermed Capital](https://millionrounds.com/fund/hermed-capital) [Fosun Capital](https://millionrounds.com/fund/fosun-pharma) Reported by Voice

## 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 B** 2019 **Series C** 2020 [GF Xinde Investment Management](https://millionrounds.com/fund/gf-xinde-investment-management) [Hermed Capital](https://millionrounds.com/fund/hermed-capital) [Fosun Capital](https://millionrounds.com/fund/fosun-pharma)

## Everyone who backed them

[GF Xinde Investment Management](https://millionrounds.com/fund/gf-xinde-investment-management) VC firm **1** round

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

[Fosun Capital](https://millionrounds.com/fund/fosun-pharma) Company **1** round

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

## Quick answers about Hinova Pharma

### Who invested in Hinova Pharma?

Hinova Pharma's investors include GF Xinde Investment Management, Hermed Capital and Fosun Capital.

### How much has Hinova Pharma raised?

Hinova Pharma has raised $187M across 2 rounds since 2019.

### When did Hinova Pharma last raise?

Hinova Pharma's most recent round was a Series C of $147M in Oct 2020.

### What was Hinova Pharma's biggest round?

Its most recent round, $147M in Oct 2020, is also its largest on record.

### Who backed Hinova Pharma first?

Hinova Pharma's first round on record, in Jul 2019, was backed by Hermed Capital and Fosun Capital.

### What stage is Hinova Pharma at?

Hinova Pharma's latest named round is a Series C, in Oct 2020.

### Where is Hinova Pharma based?

Hinova Pharma is based in China.

## Companies like Hinova Pharma

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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