# Immunochina funding: rounds and investors

> Immunochina has raised $20M across 2 rounds since 2019. Investors include Legend Capital, Peter Thiel and Foothill Ventures. Every round with its source.

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

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

# Who invested in *Immunochina*

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

Funding summary Updated 26 Oct 2026

**$20M** raised across 2 rounds since 2019, from 2 sources

- **Latest round:** Venture Jan 2025
- **Biggest round:** $20M Round · Jan 2019
- **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.

2019 2020 2021 2022 2023 2024 2025

**$20M** Round

**?** Venture

- **First round:** Round, $20M
- **Biggest round:** $20M
- **Between rounds:** 5.9 years

## The rounds

- **Jan 2025** Venture **Amount undisclosed** *3 new* [Legend Capital](https://millionrounds.com/fund/legend-capital) [Foothill Ventures](https://millionrounds.com/fund/foothill-ventures) [Sherpa Healthcare Partners](https://millionrounds.com/fund/sherpa-healthcare-partners) Source recorded
- **Jan 2019** Round **$20M** *4 new* [Peter Thiel](https://millionrounds.com/fund/peter-thiel) [Shougang Fund](https://millionrounds.com/fund/shougang-fund) [Sherpa Venture Capital](https://millionrounds.com/fund/sherpa-venture-capital) Qingzhe 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.

**Round** 2019 **Venture** 2025 [Legend Capital](https://millionrounds.com/fund/legend-capital) [Peter Thiel](https://millionrounds.com/fund/peter-thiel) [Foothill Ventures](https://millionrounds.com/fund/foothill-ventures) [Sherpa Healthcare Partners](https://millionrounds.com/fund/sherpa-healthcare-partners) [Shougang Fund](https://millionrounds.com/fund/shougang-fund) [Sherpa Venture Capital](https://millionrounds.com/fund/sherpa-venture-capital) Qingzhe Capital

## Everyone who backed them

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

[Peter Thiel](https://millionrounds.com/fund/peter-thiel) Angel **1** round

[Foothill Ventures](https://millionrounds.com/fund/foothill-ventures) VC firm **1** round

[Sherpa Healthcare Partners](https://millionrounds.com/fund/sherpa-healthcare-partners) VC firm **1** round

[Shougang Fund](https://millionrounds.com/fund/shougang-fund) Investment firm **1** round

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

Qingzhe Capital 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=immunochina).

## Quick answers about Immunochina

### Who invested in Immunochina?

Immunochina's investors include Legend Capital, Peter Thiel, Foothill Ventures, Sherpa Healthcare Partners and Shougang Fund, and 2 more on record.

### How much has Immunochina raised?

Immunochina has raised $20M across 2 rounds since 2019. One round did not disclose an amount, so the total is a floor.

### When did Immunochina last raise?

Immunochina's most recent round was a Venture in Jan 2025.

### What was Immunochina's biggest round?

Immunochina's largest round on record is $20M (Undisclosed round), in Jan 2019.

### Who backed Immunochina first?

Immunochina's first round on record, in Jan 2019, was backed by Peter Thiel, Shougang Fund and Sherpa Venture Capital and 1 others.

### What stage is Immunochina at?

Immunochina's latest named round is a Venture, in Jan 2025.

### Where is Immunochina based?

Immunochina is based in China.

## Companies like Immunochina

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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