# InventisBio funding: rounds and investors

> InventisBio has raised $236M across 3 rounds since 2017. Investors include Lilly Asia Ventures, Advantech Capital and CMBI. Every round with its source.

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

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

# Who invested in *InventisBio*

3 rounds we have observed, with the 9 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

**$236M** raised across 3 rounds since 2017, from 3 sources

**$19M** Series B **$70M** Series C **$147M** Series D

- **Latest round:** Series D, $147M Sept 2020
- **Step-up i:** 2.1×
- **Investors:** 9 (2 led)

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.

2018 2019 2020

**$19M** Series B

**$70M** Series C

**$147M** Series D

- **First round:** Series B, $19M
- **Biggest round:** $147M
- **Usual gap between rounds:** 21 months

## The rounds

- **Sept 2020** Series D **$147M** *3 new* *1 returning* [Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) [OrbiMed](https://millionrounds.com/fund/orbimed) [Matrix Partners China](https://millionrounds.com/fund/matrix-partners-china-2) [Lilly Asia Ventures](https://millionrounds.com/fund/lilly-asia-ventures) Source recorded
- **Mar 2019** Series C **$70M** *5 new* [Advantech Capital](https://millionrounds.com/fund/advantech-capital) Lead [CMBI](https://millionrounds.com/fund/cmbi) Lead [Lilly Asia Ventures](https://millionrounds.com/fund/lilly-asia-ventures) [OrbiMed Asia](https://millionrounds.com/fund/orbimed-asia) Pudong Innotek Reported by FinSMEs
- **May 2017** Series B **$19M** *1 new* OrbiMed Asia Partners/ Lilly Asia 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 B** 2017 **Series C** 2019 **Series D** 2020 [Lilly Asia Ventures](https://millionrounds.com/fund/lilly-asia-ventures) [Advantech Capital](https://millionrounds.com/fund/advantech-capital) L [CMBI](https://millionrounds.com/fund/cmbi) L [Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) [OrbiMed](https://millionrounds.com/fund/orbimed) [Matrix Partners China](https://millionrounds.com/fund/matrix-partners-china-2) [OrbiMed Asia](https://millionrounds.com/fund/orbimed-asia) OrbiMed Asia Partners/ Lilly Asia Pudong Innotek

## Everyone who backed them

[Lilly Asia Ventures](https://millionrounds.com/fund/lilly-asia-ventures) VC firm **2** rounds

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

[CMBI](https://millionrounds.com/fund/cmbi) Investment firm **1** round, led 1

[Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) VC firm **1** round

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

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

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

OrbiMed Asia Partners/ Lilly Asia no record of our own yet **1** round

Pudong Innotek 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=inventisbio).

## Quick answers about InventisBio

### Who invested in InventisBio?

InventisBio's investors include Lilly Asia Ventures, Advantech Capital, CMBI, Qiming Venture Partners and OrbiMed, and 4 more on record.

### How much has InventisBio raised?

InventisBio has raised $236M across 3 rounds since 2017.

### When did InventisBio last raise?

InventisBio's most recent round was a Series D of $147M in Sept 2020.

### What was InventisBio's biggest round?

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

### Who backed InventisBio first?

InventisBio's first round on record, in May 2017, was backed by OrbiMed Asia Partners/ Lilly Asia.

### What stage is InventisBio at?

InventisBio's latest named round is a Series D, in Sept 2020.

### Where is InventisBio based?

InventisBio is based in China.

### Who led InventisBio's rounds?

Advantech Capital led the Series C in 2019.

## Companies like InventisBio

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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