# Lepu Bio funding: rounds and investors

> Lepu Bio has raised $160M across 2 rounds since 2019. Investors include Vivo Capital and Shiyu Capital. Every round with its source.

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

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

# Who invested in *Lepu Bio*

2 rounds we have observed, with the 2 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

**$160M** raised across 2 rounds since 2019, from 2 sources

**$131M** Series A **$29M** Round

- **Latest round:** Round, $29M May 2024
- **Biggest round:** $131M Series A · Jul 2019
- **Investors:** 2

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 2021 2022 2023 2024

**$131M** Series A

**$29M** Round

- **First round:** Series A, $131M
- **Biggest round:** $131M
- **Between rounds:** 4.8 years

## The rounds

- **May 2024** Round **$29M** *1 new* [Vivo Capital](https://millionrounds.com/fund/vivo-capital) Source recorded
- **Jul 2019** Series A **$131M** *1 new* [Shiyu Capital](https://millionrounds.com/fund/shiyu-capital) Reported by Chinabiotoday

## 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** 2019 **Round** 2024 [Vivo Capital](https://millionrounds.com/fund/vivo-capital) [Shiyu Capital](https://millionrounds.com/fund/shiyu-capital)

## Everyone who backed them

[Vivo Capital](https://millionrounds.com/fund/vivo-capital) Private equity **1** round

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

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

## Quick answers about Lepu Bio

### Who invested in Lepu Bio?

Lepu Bio's investors include Vivo Capital and Shiyu Capital.

### How much has Lepu Bio raised?

Lepu Bio has raised $160M across 2 rounds since 2019.

### When did Lepu Bio last raise?

Lepu Bio's most recent round was an Undisclosed round of $29M in May 2024.

### What was Lepu Bio's biggest round?

Lepu Bio's largest round on record is $131M (Series A), in Jul 2019.

### Who backed Lepu Bio first?

Lepu Bio's first round on record, in Jul 2019, was backed by Shiyu Capital.

### What stage is Lepu Bio at?

Lepu Bio's latest named round is an Undisclosed round, in May 2024.

### Where is Lepu Bio based?

Lepu Bio is based in China.

## Companies like Lepu Bio

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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