# Who Invests With Lilly Asia Ventures: 51 Co-Investors (2026)

> The 51 investors that have backed two or more of the same startups as Lilly Asia Ventures, by kind: vc firms, private equity and asset managers and...

Source: https://millionrounds.com/portfolio-maps/lilly-asia-ventures-co-investors (Millionrounds; every figure on the page links to its filing or article)

## VC firms

28

- [HSG](https://millionrounds.com/fund/hsg)
- [ARCH Venture Partners](https://millionrounds.com/fund/arch-venture-partners)
- [Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners)
- [Sherpa Healthcare Partners](https://millionrounds.com/fund/sherpa-healthcare-partners)
- [*MP* Matrix Partners China](https://millionrounds.com/fund/matrix-partners-china-2)
- [Legend Capital](https://millionrounds.com/fund/legend-capital)
- [Omega Funds](https://millionrounds.com/fund/omega-funds)
- [Green Pine Capital](https://millionrounds.com/fund/green-pine-capital-partners)
- [Alexandria Real Estate Equities](https://millionrounds.com/fund/alexandria)
- [TCG Crossover](https://millionrounds.com/fund/tcg-crossover)
- [Polaris Partners](https://millionrounds.com/fund/polaris-partners)
- [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates)
- [Canaan](https://millionrounds.com/fund/canaan-partners)
- [Temasek Holdings](https://millionrounds.com/fund/temasek)
- [5AM Ventures](https://millionrounds.com/fund/5am-ventures)
- [*SC* Sequoia Capital China](https://millionrounds.com/fund/sequoia-capital-china)
- [Cormorant Capital](https://millionrounds.com/fund/cormorant-capital)
- [Deerfield](https://millionrounds.com/fund/deerfield)
- [Atlas Venture](https://millionrounds.com/fund/atlas-venture)
- [F-Prime Capital](https://millionrounds.com/fund/f-prime)
- [*LA* Lily Asia](https://millionrounds.com/fund/lily-asia)
- [*AV* Alexandria Venture Investments](https://millionrounds.com/fund/alexandria-venture-investments)
- [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi)
- [Versant Ventures](https://millionrounds.com/fund/versant-ventures)

+4 more

## Private equity and asset managers

17

- [OrbiMed](https://millionrounds.com/fund/orbimed)
- [Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management)
- [Vivo Capital](https://millionrounds.com/fund/vivo-capital)
- [Foresite Capital](https://millionrounds.com/fund/forsite-capital)
- [RA Capital Management](https://millionrounds.com/fund/ra-capital-management)
- [General Atlantic](https://millionrounds.com/fund/general-atlantic)
- [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors)
- [Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors)
- [TCG](https://millionrounds.com/fund/tcg)
- [IDG Capital](https://millionrounds.com/fund/idg-capital)
- [ArrowMark Partners](https://millionrounds.com/fund/arrowmark-partners)
- [Nextech Invest](https://millionrounds.com/fund/nextech-invest)
- [Invus](https://millionrounds.com/fund/invus)
- [CICC](https://millionrounds.com/fund/cicc)
- [Pavilion Capital](https://millionrounds.com/fund/pavilion-capital)
- [CDH Investments](https://millionrounds.com/fund/cdh-investments)
- [Arch](https://millionrounds.com/fund/arch)

## Corporate investors

6

- [Eli Lilly](https://millionrounds.com/fund/eli-lilly)
- [Taiho Ventures](https://millionrounds.com/fund/taiho-ventures)
- [SR One](https://millionrounds.com/fund/sr-one)
- [Ping An Capital](https://millionrounds.com/fund/ping-an-capital)
- [AbbVie](https://millionrounds.com/fund/abbvie)
- [Google Ventures](https://millionrounds.com/fund/gv)

## Segment by segment

### VC firms

28 investors

- [**HSG**](https://millionrounds.com/fund/hsg) VC firm Hong Kong SAR China 9 backed
- [**ARCH Venture Partners**](https://millionrounds.com/fund/arch-venture-partners) VC firm United States 7 backed
- [**Qiming Venture Partners**](https://millionrounds.com/fund/qiming-venture-partners) VC firm Hong Kong SAR China 6 backed
- [**Sherpa Healthcare Partners**](https://millionrounds.com/fund/sherpa-healthcare-partners) VC firm China 5 backed
- [*MP* **Matrix Partners China**](https://millionrounds.com/fund/matrix-partners-china-2) VC firm United States 5 backed
- [**Legend Capital**](https://millionrounds.com/fund/legend-capital) VC firm China 4 backed
- [**Omega Funds**](https://millionrounds.com/fund/omega-funds) VC firm United States 4 backed
- [**Green Pine Capital**](https://millionrounds.com/fund/green-pine-capital-partners) VC firm China 3 backed

### Private equity and asset managers

17 investors

- [**OrbiMed**](https://millionrounds.com/fund/orbimed) Private equity United States 13 backed
- [**Cormorant Asset Management**](https://millionrounds.com/fund/cormorant-asset-management) Private equity United States 7 backed
- [**Vivo Capital**](https://millionrounds.com/fund/vivo-capital) Private equity United States 7 backed
- [**Foresite Capital**](https://millionrounds.com/fund/forsite-capital) Private equity United States 6 backed
- [**RA Capital Management**](https://millionrounds.com/fund/ra-capital-management) Private equity United States 5 backed
- [**General Atlantic**](https://millionrounds.com/fund/general-atlantic) Private equity United States 4 backed
- [**Perceptive Advisors**](https://millionrounds.com/fund/perceptive-advisors) Asset manager United States 4 backed
- [**Janus Henderson Investors**](https://millionrounds.com/fund/janus-henderson-investors) Private equity United Kingdom 4 backed

### Corporate investors

6 investors

- [**Eli Lilly**](https://millionrounds.com/fund/eli-lilly) Corporate investor United States 3 backed
- [**Taiho Ventures**](https://millionrounds.com/fund/taiho-ventures) Corporate investor United States 3 backed
- [**SR One**](https://millionrounds.com/fund/sr-one) Corporate investor United States 3 backed
- [**Ping An Capital**](https://millionrounds.com/fund/ping-an-capital) Corporate investor China 2 backed
- [**AbbVie**](https://millionrounds.com/fund/abbvie) Corporate investor United States 2 backed
- [**Google Ventures**](https://millionrounds.com/fund/gv) Corporate investor United States 2 backed

**How this map is made.** Every investor here has backed two or more of the same startups as Lilly Asia Ventures, in rounds we track. Grouped by kind, each ranked by how many startups it shares with Lilly Asia Ventures. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Portfolio map **Lilly Asia Ventures portfolio map** 63 startups · $9.5B](https://millionrounds.com/portfolio-maps/lilly-asia-ventures-portfolio-map)[Co-investors **Who invests with HSG** 137 co-investors](https://millionrounds.com/portfolio-maps/hsg-co-investors)[Co-investors **Who invests with Qiming Venture Partners** 124 co-investors](https://millionrounds.com/portfolio-maps/qiming-venture-partners-co-investors)[Co-investors **Who invests with Horizons Ventures** 93 co-investors](https://millionrounds.com/portfolio-maps/horizons-ventures-co-investors)[Co-investors **Who invests with Amber Group** 56 co-investors](https://millionrounds.com/portfolio-maps/amber-group-co-investors)[Co-investors **Who invests with Elevate Ventures** 27 co-investors](https://millionrounds.com/portfolio-maps/elevate-ventures-3-co-investors)

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