# Nuvation Bio funding: rounds and investors

> Nuvation Bio has raised $675M across 3 rounds since 2019. Investors include Perceptive Advisors, Omega Funds and Fidelity. Every round with its source.

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

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

# Who invested in *Nuvation Bio*

3 rounds we have observed, with the 15 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

Raised 5 months ago

Funding summary Updated 26 Oct 2026

**$675M** raised across 3 rounds since 2019, from 3 sources

**$275M** Series A **$150M** Debt **$250M** Debt

- **Latest round:** Debt, $250M Jun 2026
- **Biggest round:** $275M Series A · Oct 2019
- **Step-up i:** 1.7×
- **Investors:** 15 (1 led)

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 2025 2026

**$275M** Series A

**$150M** Debt

**$250M** Debt

- **First round:** Series A, $275M
- **Biggest round:** $275M
- **Usual gap between rounds:** 5.3 years

## The rounds

- **Jun 2026** Debt **$250M** *1 new* *4 returning* [OrbiMed](https://millionrounds.com/fund/orbimed) [Fidelity](https://millionrounds.com/fund/fidelity) [Wellington Management](https://millionrounds.com/fund/wellington-management) [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) [Redmile Group](https://millionrounds.com/fund/redmile-group) Source recorded
- **Mar 2025** Debt **$150M** *2 new* *2 returning* [Fidelity](https://millionrounds.com/fund/fidelity) [Wellington Management](https://millionrounds.com/fund/wellington-management) [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) [Omega Funds](https://millionrounds.com/fund/omega-funds) Source recorded
- **Oct 2019** Series A **$275M** *12 new* [Omega Funds](https://millionrounds.com/fund/omega-funds) Lead [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) [Redmile Group](https://millionrounds.com/fund/redmile-group) [EDBI](https://millionrounds.com/fund/edbi) [Pavilion Capital](https://millionrounds.com/fund/pavilion-capital) [Aisling Capital](https://millionrounds.com/fund/aisling-capital) [EcoR1 Capital](https://millionrounds.com/fund/ecor1-capital) [Fidelity Management and Research Company](https://millionrounds.com/fund/fidelity-management-and-research-company) [Altitude Life Science Ventures](https://millionrounds.com/fund/altitude-life-science-ventures) [Surveyor Capital](https://millionrounds.com/fund/surveyor-capital) [Boxer Capital of the Tavistock Group](https://millionrounds.com/fund/boxer-capital-of-the-tavistock-group) [The Baupost Group](https://millionrounds.com/fund/the-baupost-group) Reported by FinSMEs

## Founders and team

From the SEC filings it signed: 1 on the team.

- **David Hung** Executive Officer, Director i

On the board, as filed i *Claudio Nessi* *Daniel Anthony Welch* *Kathryn E. Falberg* *Kim Blickenstaff* *Michelle Doig* *Robert Bazemore* *W. Anthony Vernon*

## 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 **Debt** 2025 **Debt** 2026 [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) [Omega Funds](https://millionrounds.com/fund/omega-funds) L [Fidelity](https://millionrounds.com/fund/fidelity) [Wellington Management](https://millionrounds.com/fund/wellington-management) [Redmile Group](https://millionrounds.com/fund/redmile-group) [OrbiMed](https://millionrounds.com/fund/orbimed) [EDBI](https://millionrounds.com/fund/edbi) [Pavilion Capital](https://millionrounds.com/fund/pavilion-capital) [Aisling Capital](https://millionrounds.com/fund/aisling-capital) [EcoR1 Capital](https://millionrounds.com/fund/ecor1-capital)

## Everyone who backed them

[Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) Asset manager **3** rounds

[Omega Funds](https://millionrounds.com/fund/omega-funds) VC firm **2** rounds, led 1

[Fidelity](https://millionrounds.com/fund/fidelity) VC firm **2** rounds

[Wellington Management](https://millionrounds.com/fund/wellington-management) VC firm **2** rounds

[Redmile Group](https://millionrounds.com/fund/redmile-group) VC firm **2** rounds

[OrbiMed](https://millionrounds.com/fund/orbimed) Private equity **1** round

[EDBI](https://millionrounds.com/fund/edbi) VC firm **1** round

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

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

[EcoR1 Capital](https://millionrounds.com/fund/ecor1-capital) Private equity **1** round

[Fidelity Management and Research Company](https://millionrounds.com/fund/fidelity-management-and-research-company) Growth equity **1** round

[Altitude Life Science Ventures](https://millionrounds.com/fund/altitude-life-science-ventures) VC firm **1** round

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

[Boxer Capital of the Tavistock Group](https://millionrounds.com/fund/boxer-capital-of-the-tavistock-group) VC firm **1** round

[The Baupost Group](https://millionrounds.com/fund/the-baupost-group) VC firm **1** round

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

## Also claim to have backed them

This firm lists Nuvation Bio as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Unicorn Capital Partners %e7%8d%a8%e7%a7%80%e8%b3%87%e6%9c%ac](https://millionrounds.com/fund/unicorn-capital-partners) Fund of funds Per its own site

## Quick answers about Nuvation Bio

### Who invested in Nuvation Bio?

Nuvation Bio's investors include Perceptive Advisors, Omega Funds, Fidelity, Wellington Management and Redmile Group, and 10 more on record.

### How much has Nuvation Bio raised?

Nuvation Bio has raised $675M across 3 rounds since 2019.

### When did Nuvation Bio last raise?

Nuvation Bio's most recent round was a Debt of $250M in Jun 2026.

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

Nuvation Bio's largest round on record is $275M (Series A), in Oct 2019, led by Omega Funds.

### Who backed Nuvation Bio first?

Nuvation Bio's first round on record, in Oct 2019, was backed by Omega Funds, Perceptive Advisors and Redmile Group and 9 others.

### What stage is Nuvation Bio at?

Nuvation Bio's latest named round is a Debt, in Jun 2026.

### Where is Nuvation Bio based?

Nuvation Bio is based in the United States.

### Who led Nuvation Bio's rounds?

Omega Funds led the Series A in 2019.

## Companies like Nuvation Bio

In the same sector, and raised in the last eighteen months.

[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio)

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