# Nuance Pharma funding: rounds and investors

> Nuance Pharma has raised $181M across 1 round since 2020. Investors include RTW Investments LLC, GT Fund and Matrix Partners China. Every round with its source.

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

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

# Who invested in *Nuance Pharma*

One round we have observed, with the 6 investors 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

Funding summary Updated 26 Oct 2026

**$181M** raised across 1 round since 2020, from 1 source

- **Latest round:** Series D, $181M Dec 2020
- **Led by:** RTW Investments LLC and GT Fund
- **Investors:** 6 (2 led)

See who backed them

## The rounds

- **Dec 2020** Series D **$181M** [RTW Investments LLC](https://millionrounds.com/fund/rtw-investments-lp) Lead [GT Fund](https://millionrounds.com/fund/gt-fund) Lead [Matrix Partners China](https://millionrounds.com/fund/matrix-partners-china-2) [HBM Healthcare Investments](https://millionrounds.com/fund/hbm-healthcare-investments) [CBC Group](https://millionrounds.com/fund/cbc-group) [Konruns Pharmaceutical](https://millionrounds.com/fund/konruns-pharmaceutical) Reported by Firms' own news pages

## Everyone who backed them

[RTW Investments LLC](https://millionrounds.com/fund/rtw-investments-lp) Growth equity **1** round, led 1

[GT Fund](https://millionrounds.com/fund/gt-fund) VC firm **1** round, led 1

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

[HBM Healthcare Investments](https://millionrounds.com/fund/hbm-healthcare-investments) VC firm **1** round

[CBC Group](https://millionrounds.com/fund/cbc-group) VC firm **1** round

[Konruns Pharmaceutical](https://millionrounds.com/fund/konruns-pharmaceutical) Growth equity **1** round

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

## Quick answers about Nuance Pharma

### Who invested in Nuance Pharma?

Nuance Pharma's investors include RTW Investments LLC, GT Fund, Matrix Partners China, HBM Healthcare Investments and CBC Group, and 1 more on record. RTW Investments LLC led its latest round.

### How much has Nuance Pharma raised?

Nuance Pharma has raised $181M across 1 round since 2020.

### When did Nuance Pharma last raise?

Nuance Pharma's most recent round was a Series D of $181M in Dec 2020, led by RTW Investments LLC.

### What was Nuance Pharma's biggest round?

Its most recent round, $181M in Dec 2020, is also its largest on record.

### Who backed Nuance Pharma first?

Nuance Pharma's first round on record, in Dec 2020, was backed by RTW Investments LLC, GT Fund and Matrix Partners China and 3 others.

### What stage is Nuance Pharma at?

Nuance Pharma's latest named round is a Series D, in Dec 2020.

### Where is Nuance Pharma based?

Nuance Pharma is based in China.

### Who led Nuance Pharma's rounds?

RTW Investments LLC led the Series D in 2020.

## Companies like Nuance Pharma

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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