# Yaoshibang funding: rounds and investors

> Yaoshibang has raised $403M across 2 rounds since 2018. Investors include Tiger Global Management, DCM Ventures and Shunwei Capital.

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

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

# Who invested in *Yaoshibang*

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.

B2B Biotech Healthcare

Valuation: $1.0B, Apr 2022

Funding summary Updated 26 Oct 2026

**$403M** raised across 2 rounds since 2018, from 2 sources

**$133M** Round **$270M** Series E

- **Latest round:** Series E, $270M Jun 2021
- **Step-up i:** 2×
- **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 2021

**$133M** Round

**$270M** Series E

- **First round:** Round, $133M
- **Biggest round:** $270M
- **Between rounds:** 2.5 years

## The rounds

- **Jun 2021** Series E **$270M** *2 new* *2 returning* [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) [Shunwei Capital](https://millionrounds.com/fund/shunwei-capital) [Green Pine Capital](https://millionrounds.com/fund/green-pine-capital-partners) Source recorded
- **Dec 2018** Round **$133M** *2 new* [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) 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** 2018 **Series E** 2021 [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) [Shunwei Capital](https://millionrounds.com/fund/shunwei-capital) [Green Pine Capital](https://millionrounds.com/fund/green-pine-capital-partners)

## Everyone who backed them

[Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) VC firm **2** rounds

[DCM Ventures](https://millionrounds.com/fund/dcm-ventures) Private equity **2** rounds

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

[Green Pine Capital](https://millionrounds.com/fund/green-pine-capital-partners) VC firm **1** round

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

## Quick answers about Yaoshibang

### Who invested in Yaoshibang?

Yaoshibang's investors include Tiger Global Management, DCM Ventures, Shunwei Capital and Green Pine Capital.

### How much has Yaoshibang raised?

Yaoshibang has raised $403M across 2 rounds since 2018.

### When did Yaoshibang last raise?

Yaoshibang's most recent round was a Series E of $270M in Jun 2021.

### What was Yaoshibang's biggest round?

Its most recent round, $270M in Jun 2021, is also its largest on record.

### Who backed Yaoshibang first?

Yaoshibang's first round on record, in Dec 2018, was backed by Tiger Global Management and DCM Ventures.

### What stage is Yaoshibang at?

Yaoshibang's latest named round is a Series E, in Jun 2021.

### Where is Yaoshibang based?

Yaoshibang is based in China.

## Companies like Yaoshibang

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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