# Pinnacle Medicines funding: rounds and investors

> Pinnacle Medicines has raised $90M across 2 rounds since 2024. Investors include Qiming Venture Partners, OrbiMed and RA Capital Management.

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

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

# Who invested in *Pinnacle Medicines*

2 rounds we have observed, with the 4 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.

Pharma

Raised 8 months ago

Funding summary Updated 26 Oct 2026

**$90M** raised across 2 rounds since 2024, from 2 sources

**$600K** Series A **$89M** Series B

- **Latest round:** Series B, $89M Mar 2026
- **Step-up i:** 148.3×
- **Investors:** 4

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.

2024 2025 2026

**$600K** Series A

**$89M** Series B

- **First round:** Series A, $600K
- **Biggest round:** $89M
- **Between rounds:** 2.1 years

## The rounds

- **Mar 2026** Series B **$89M** *2 new* *2 returning* [Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) [OrbiMed](https://millionrounds.com/fund/orbimed) [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [Foresite Capital](https://millionrounds.com/fund/forsite-capital) Source recorded
- **Feb 2024** Series A **$600K** *2 new* [Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) [OrbiMed](https://millionrounds.com/fund/orbimed) Source recorded

## Founders and team

From Pinnacle Medicines's own website: 2 on the team.

- **Jonathan Wang** Chief Executive Officer and Director
- **Diyong Xu** Director

## 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** 2024 **Series B** 2026 [Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) [OrbiMed](https://millionrounds.com/fund/orbimed) [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [Foresite Capital](https://millionrounds.com/fund/forsite-capital)

## Everyone who backed them

[Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) VC firm **2** rounds

[OrbiMed](https://millionrounds.com/fund/orbimed) Private equity **2** rounds

[RA Capital Management](https://millionrounds.com/fund/ra-capital-management) Private equity **1** round

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

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

## Quick answers about Pinnacle Medicines

### Who invested in Pinnacle Medicines?

Pinnacle Medicines's investors include Qiming Venture Partners, OrbiMed, RA Capital Management and Foresite Capital.

### How much has Pinnacle Medicines raised?

Pinnacle Medicines has raised $90M across 2 rounds since 2024.

### When did Pinnacle Medicines last raise?

Pinnacle Medicines's most recent round was a Series B of $89M in Mar 2026.

### What was Pinnacle Medicines's biggest round?

Its most recent round, $89M in Mar 2026, is also its largest on record.

### Who backed Pinnacle Medicines first?

Pinnacle Medicines's first round on record, in Feb 2024, was backed by Qiming Venture Partners and OrbiMed.

### What stage is Pinnacle Medicines at?

Pinnacle Medicines's latest named round is a Series B, in Mar 2026.

### Where is Pinnacle Medicines based?

Pinnacle Medicines is based in the United States.

## Companies like Pinnacle Medicines

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

[**Matchpoint Therapeutics** $220M · Oct 2026](https://millionrounds.com/company/matchpoint-therapeutics)[**Rx Bandz** Oct 2026](https://millionrounds.com/company/rx-bandz)[**Hera Biotech** $1.8M · Sept 2026](https://millionrounds.com/company/hera-biotech)[**GevRx Nutraceuticals** $300K · Sept 2026](https://millionrounds.com/company/gevrx-nutraceuticals)[**RegCell** $81M · Sept 2026](https://millionrounds.com/company/regcell)[**ClearSight Therapeutics** $307K · Sept 2026](https://millionrounds.com/company/clearsight-therapeutics)

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