# Synnovation Therapeutics funding: rounds and investors

> Synnovation Therapeutics has raised $102M across 1 round since 2023. Investors include Cormorant Asset Management and Lilly Asia Ventures.

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

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

# Who invested in *Synnovation Therapeutics*

One round we have observed, with the 2 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

**$102M** raised across 1 round since 2023, from 1 source

- **Latest round:** Series A, $102M Dec 2023
- **Investors:** 2

See who backed them

## The rounds

- **Dec 2023** Series A **$102M** [Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) [Lilly Asia Ventures](https://millionrounds.com/fund/lilly-asia-ventures) Source recorded SEC filing: $70M sold, first sale Dec 2023

## Founders and team

From the SEC filings it signed: 2 on the team.

- **Liangxing Wu** Executive Officer, Director i
- **Wenqing Yao** Executive Officer, Director i

On the board, as filed i *Reid Huber* *Ting Feng*

## Everyone who backed them

[Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) Private equity **1** round

[Lilly Asia Ventures](https://millionrounds.com/fund/lilly-asia-ventures) VC firm **1** round

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

## Quick answers about Synnovation Therapeutics

### Who invested in Synnovation Therapeutics?

Synnovation Therapeutics's investors include Cormorant Asset Management and Lilly Asia Ventures.

### How much has Synnovation Therapeutics raised?

Synnovation Therapeutics has raised $102M across 1 round since 2023.

### When did Synnovation Therapeutics last raise?

Synnovation Therapeutics's most recent round was a Series A of $102M in Dec 2023.

### What was Synnovation Therapeutics's biggest round?

Its most recent round, $102M in Dec 2023, is also its largest on record.

### Who backed Synnovation Therapeutics first?

Synnovation Therapeutics's first round on record, in Dec 2023, was backed by Cormorant Asset Management and Lilly Asia Ventures.

### What stage is Synnovation Therapeutics at?

Synnovation Therapeutics's latest named round is a Series A, in Dec 2023.

### Where is Synnovation Therapeutics based?

Synnovation Therapeutics is based in the United States.

## Companies like Synnovation Therapeutics

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)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio)[**Clinical Ink** $24M · Oct 2026](https://millionrounds.com/company/clinical-ink)[**Rejuvenate Bio** $13M · Oct 2026](https://millionrounds.com/company/rejuvenate-bio)

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