# QL Biopharma funding: rounds and investors

> QL Biopharma has raised $73M across 1 round since 2026. Investors include Qiming Venture Partners, OrbiMed and Legend Star. Every round with its source.

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

[Series C startup](https://millionrounds.com/companies)

# Who invested in *QL Biopharma*

One round we have observed, with the 4 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.

Pharma

Raised 8 months ago

Funding summary Updated 26 Oct 2026

**$73M** raised across 1 round since 2026, from 1 source

- **Latest round:** Series C, $73M Mar 2026
- **Investors:** 4

See who backed them

## The rounds

- **Mar 2026** Series C **$73M** [Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) [OrbiMed](https://millionrounds.com/fund/orbimed) [Legend Star](https://millionrounds.com/fund/legend-star) [5Y Capital](https://millionrounds.com/fund/5y-capital) Source recorded

## Everyone who backed them

[Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) VC firm **1** round

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

[Legend Star](https://millionrounds.com/fund/legend-star) VC firm **1** round

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

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

## Quick answers about QL Biopharma

### Who invested in QL Biopharma?

QL Biopharma's investors include Qiming Venture Partners, OrbiMed, Legend Star and 5Y Capital.

### How much has QL Biopharma raised?

QL Biopharma has raised $73M across 1 round since 2026.

### When did QL Biopharma last raise?

QL Biopharma's most recent round was a Series C of $73M in Mar 2026.

### What was QL Biopharma's biggest round?

Its most recent round, $73M in Mar 2026, is also its largest on record.

### Who backed QL Biopharma first?

QL Biopharma's first round on record, in Mar 2026, was backed by Qiming Venture Partners, OrbiMed and Legend Star and 1 others.

### What stage is QL Biopharma at?

QL Biopharma's latest named round is a Series C, in Mar 2026.

## Companies like QL Biopharma

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

[**Cheiron** $8.0M · Jul 2026](https://millionrounds.com/company/cheiron)[**Celloid** $6.1M · Mar 2026](https://millionrounds.com/company/celloid)[**CSR Biotech** Mar 2026](https://millionrounds.com/company/csr-biotech)[**Validfor** $1.2M · Feb 2026](https://millionrounds.com/company/validfor)[**Huixin Bio** $14M · Feb 2026](https://millionrounds.com/company/huixin-bio)[**Alioth** $14M · Jan 2026](https://millionrounds.com/company/alioth)

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