# Polaris Biology funding: rounds and investors

> Polaris Biology has raised $18M across 2 rounds since 2019. Investors include Puhua Capital, 5Y Capital and Baidu Ventures. Every round with its source.

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

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

# Who invested in *Polaris Biology*

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.

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Biotech Healthcare Pharma

Funding summary Updated 27 Oct 2026

**$18M** raised across 2 rounds since 2019, from 2 sources

**$8.3M** Round **$9.9M** Series B

- **Latest round:** Series B, $9.9M Jun 2020
- **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.

2019 2020

**$8.3M** Round

**$9.9M** Series B

- **First round:** Round, $8.3M
- **Biggest round:** $9.9M
- **Between rounds:** 16 months

## The rounds

- **Jun 2020** Series B **$9.9M** *3 new* [Puhua Capital](https://millionrounds.com/fund/puhua-capital) [5Y Capital](https://millionrounds.com/fund/5y-capital) [Baidu Ventures](https://millionrounds.com/fund/baidu-ventures) Source recorded
- **Jan 2019** Round **$8.3M** *1 new* ETP China Reported by China Money Network

## 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.

**Round** 2019 **Series B** 2020 [Puhua Capital](https://millionrounds.com/fund/puhua-capital) [5Y Capital](https://millionrounds.com/fund/5y-capital) [Baidu Ventures](https://millionrounds.com/fund/baidu-ventures) ETP China

## Everyone who backed them

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

[5Y Capital](https://millionrounds.com/fund/5y-capital) VC firm **1** round

[Baidu Ventures](https://millionrounds.com/fund/baidu-ventures) VC firm **1** round

ETP China no record of our own yet **1** round

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

## Quick answers about Polaris Biology

### Who invested in Polaris Biology?

Polaris Biology's investors include Puhua Capital, 5Y Capital, Baidu Ventures and ETP China.

### How much has Polaris Biology raised?

Polaris Biology has raised $18M across 2 rounds since 2019.

### When did Polaris Biology last raise?

Polaris Biology's most recent round was a Series B of $9.9M in Jun 2020.

### What was Polaris Biology's biggest round?

Its most recent round, $9.9M in Jun 2020, is also its largest on record.

### Who backed Polaris Biology first?

Polaris Biology's first round on record, in Jan 2019, was backed by ETP China.

### What stage is Polaris Biology at?

Polaris Biology's latest named round is a Series B, in Jun 2020.

### Where is Polaris Biology based?

Polaris Biology is based in China.

## Companies like Polaris Biology

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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