# JHL Biotech funding: rounds and investors > JHL Biotech has raised $187M across 3 rounds since 2014. Investors include Milestone Capital, Milestone Capital and Liwick Investment Management. Source: https://millionrounds.com/company/jhl-biotech (Millionrounds; every figure on the page links to its filing or article) China · [Funded startup](https://millionrounds.com/companies) # Who invested in *JHL Biotech* 3 rounds we have observed, with the 4 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 Follow JHL Biotech and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fjhl-biotech) Funding summary Updated 27 Oct 2026 **$187M** raised across 3 rounds since 2014, from 3 sources **$35M** Series B **$46M** Series C **$106M** Round - **Latest round:** Round, $106M May 2018 - **Step-up i:** 2.3× - **Investors:** 4 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. 2015 2016 2017 2018 **$35M** Series B **$46M** Series C **$106M** Round - **First round:** Series B, $35M - **Biggest round:** $106M - **Usual gap between rounds:** 3.1 years ## The rounds - **May 2018** Round **$106M** No investor was named in the report. Reported by DealStreetAsia - **May 2015** Series C **$46M** *3 new* [Milestone Capital](https://millionrounds.com/fund/milestone-capital-2) Liwick Investment Management Sungent BioVenture From a historical funding record - **Jun 2014** Series B **$35M** *1 new* [Milestone Capital](https://millionrounds.com/fund/milestone-capital-3) From a historical funding record ## 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** 2014 **Series C** 2015 **Round** 2018 [Milestone Capital](https://millionrounds.com/fund/milestone-capital-3) [Milestone Capital](https://millionrounds.com/fund/milestone-capital-2) Liwick Investment Management Sungent BioVenture ## Everyone who backed them [Milestone Capital](https://millionrounds.com/fund/milestone-capital-3) Investment firm **1** round [Milestone Capital](https://millionrounds.com/fund/milestone-capital-2) Growth equity **1** round Liwick Investment Management no record of our own yet **1** round Sungent BioVenture 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=jhl-biotech). ## Quick answers about JHL Biotech ### Who invested in JHL Biotech? JHL Biotech's investors include Milestone Capital, Milestone Capital, Liwick Investment Management and Sungent BioVenture. ### How much has JHL Biotech raised? JHL Biotech has raised $187M across 3 rounds since 2014. ### When did JHL Biotech last raise? JHL Biotech's most recent round was an Undisclosed round of $106M in May 2018. ### What was JHL Biotech's biggest round? Its most recent round, $106M in May 2018, is also its largest on record. ### Who backed JHL Biotech first? JHL Biotech's first round on record, in Jun 2014, was backed by Milestone Capital. ### What stage is JHL Biotech at? JHL Biotech's latest named round is an Undisclosed round, in May 2018. ### Where is JHL Biotech based? JHL Biotech is based in China. ## Companies like JHL Biotech 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) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app