# Magpie Pharmaceuticals funding: rounds and investors

> Magpie Pharmaceuticals has raised $15M across 1 round since 2019. Investors include Sangel Capital. Every round with its source.

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

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

# Who invested in *Magpie Pharmaceuticals*

One round we have observed, with the one investor named in it. 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

**$15M** raised across 1 round since 2019, from 1 source

- **Latest round:** Series B, $15M Feb 2019
- **Investors:** 1

See who backed them

## The rounds

- **Feb 2019** Series B **$15M** [Sangel Capital](https://millionrounds.com/fund/sangel-capital) Reported by China Money Network

## Everyone who backed them

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

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

## Quick answers about Magpie Pharmaceuticals

### Who invested in Magpie Pharmaceuticals?

Magpie Pharmaceuticals's investors include Sangel Capital.

### How much has Magpie Pharmaceuticals raised?

Magpie Pharmaceuticals has raised $15M across 1 round since 2019.

### When did Magpie Pharmaceuticals last raise?

Magpie Pharmaceuticals's most recent round was a Series B of $15M in Feb 2019.

### What was Magpie Pharmaceuticals's biggest round?

Its most recent round, $15M in Feb 2019, is also its largest on record.

### Who backed Magpie Pharmaceuticals first?

Magpie Pharmaceuticals's first round on record, in Feb 2019, was backed by Sangel Capital.

### What stage is Magpie Pharmaceuticals at?

Magpie Pharmaceuticals's latest named round is a Series B, in Feb 2019.

### Where is Magpie Pharmaceuticals based?

Magpie Pharmaceuticals is based in China.

## Companies like Magpie Pharmaceuticals

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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