# Just Biotherapeutics funding: rounds and investors > Just Biotherapeutics has raised $64M across 3 rounds since 2015. Investors include Lilly Asia Ventures, ARCH Venture Partners and Gates Foundation. Source: https://millionrounds.com/company/just-biotherapeutics (Millionrounds; every figure on the page links to its filing or article) China · [Series B startup](https://millionrounds.com/companies) # Who invested in *Just Biotherapeutics* 3 rounds we have observed, with the 8 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 **$64M** raised across 3 rounds since 2015, from 3 sources **$15M** Series A **$14M** Series A **$35M** Series B - **Latest round:** Series B, $35M Jun 2018 - **Step-up i:** 2.5× - **Investors:** 8 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. 2016 2017 2018 **$15M** Series A **$14M** Series A **$35M** Series B - **First round:** Series A, $15M - **Biggest round:** $35M - **Usual gap between rounds:** 22 months ## The rounds - **Jun 2018** Series B **$35M** *4 new* *1 returning* [Lilly Asia Ventures](https://millionrounds.com/fund/lilly-asia-ventures) [Arch](https://millionrounds.com/fund/arch) [Taikang Asset](https://millionrounds.com/fund/taikang-asset) BOCGI Zheshang Hillhouse Capital/ Temasek Reported by FinSMEs - **Jul 2016** Series A **$14M** *1 new* [Gates Foundation](https://millionrounds.com/fund/bill-and-melinda-gates-foundation) Reported by Businesswire - **Sept 2015** Series A **$15M** *3 new* [ARCH Venture Partners](https://millionrounds.com/fund/arch-venture-partners) [Lilly Asia Ventures](https://millionrounds.com/fund/lilly-asia-ventures) [Merck](https://millionrounds.com/fund/merck-accelerator) 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 A** 2015 **Series A** 2016 **Series B** 2018 [Lilly Asia Ventures](https://millionrounds.com/fund/lilly-asia-ventures) [ARCH Venture Partners](https://millionrounds.com/fund/arch-venture-partners) [Gates Foundation](https://millionrounds.com/fund/bill-and-melinda-gates-foundation) [Arch](https://millionrounds.com/fund/arch) [Merck](https://millionrounds.com/fund/merck-accelerator) [Taikang Asset](https://millionrounds.com/fund/taikang-asset) BOCGI Zheshang Hillhouse Capital/ Temasek ## Everyone who backed them [Lilly Asia Ventures](https://millionrounds.com/fund/lilly-asia-ventures) VC firm **2** rounds [ARCH Venture Partners](https://millionrounds.com/fund/arch-venture-partners) VC firm **1** round [Gates Foundation](https://millionrounds.com/fund/bill-and-melinda-gates-foundation) Institutional LP **1** round [Arch](https://millionrounds.com/fund/arch) Hedge fund **1** round [Merck](https://millionrounds.com/fund/merck-accelerator) Accelerator **1** round [Taikang Asset](https://millionrounds.com/fund/taikang-asset) Growth equity **1** round BOCGI Zheshang no record of our own yet **1** round Hillhouse Capital/ Temasek 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=just-biotherapeutics). ## Quick answers about Just Biotherapeutics ### Who invested in Just Biotherapeutics? Just Biotherapeutics's investors include Lilly Asia Ventures, ARCH Venture Partners, Gates Foundation, Arch and Merck, and 3 more on record. ### How much has Just Biotherapeutics raised? Just Biotherapeutics has raised $64M across 3 rounds since 2015. ### When did Just Biotherapeutics last raise? Just Biotherapeutics's most recent round was a Series B of $35M in Jun 2018. ### What was Just Biotherapeutics's biggest round? Its most recent round, $35M in Jun 2018, is also its largest on record. ### Who backed Just Biotherapeutics first? Just Biotherapeutics's first round on record, in Sept 2015, was backed by ARCH Venture Partners, Lilly Asia Ventures and Merck. ### What stage is Just Biotherapeutics at? Just Biotherapeutics's latest named round is a Series B, in Jun 2018. ### Where is Just Biotherapeutics based? Just Biotherapeutics is based in China. ## Companies like Just Biotherapeutics 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