# Lilly Asia Ventures Portfolio Map 2026: 63 Startups by Sector

> Lilly Asia Ventures's portfolio mapped: 63 startups it has backed, in 3 sectors from Biotech, Pharma and Healthtech on.

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

## Biotech

52

- [Structure Therapeutics](https://millionrounds.com/company/structure-therapeutics)
- [Terns Pharmaceuticals](https://millionrounds.com/company/terns-pharmaceuticals)
- [Verdiva Bio](https://millionrounds.com/company/verdiva-bio)
- [Legend Biotech](https://millionrounds.com/company/legend-biotech)
- [*TP* Turning Point Therapeutics](https://millionrounds.com/company/turning-point-therapeutics)
- [*IM* Insilico Medicine](https://millionrounds.com/company/insilico-medicine)
- [Innovent Biologics](https://millionrounds.com/company/innovent-biologics)
- [Passage Bio](https://millionrounds.com/company/passage-bio)
- [Alumis](https://millionrounds.com/company/alumis)
- [ArriVent](https://millionrounds.com/company/arrivent)
- [*CP* CinCor Pharma](https://millionrounds.com/company/cincor-pharma)
- [InventisBio](https://millionrounds.com/company/inventisbio)
- [Alector](https://millionrounds.com/company/alector)
- [Metacrine](https://millionrounds.com/company/metacrine)
- [KSQ Therapeutics](https://millionrounds.com/company/ksq-therapeutics)
- [*I* Innovent](https://millionrounds.com/company/innovent)
- [*HT* Harpoon Therapeutics](https://millionrounds.com/company/harpoon-therapeutics)
- [*T* Tmunity](https://millionrounds.com/company/tmunity)
- [*TT* TP Therapeutics](https://millionrounds.com/company/tp-therapeutics)
- [*BR* Burning Rock](https://millionrounds.com/company/burning-rock)
- [Synnovation Therapeutics](https://millionrounds.com/company/synnovation-therapeutics)
- [OTR Therapeutics](https://millionrounds.com/company/otr-therapeutics)
- [Singleron Biotechnologies](https://millionrounds.com/company/singleron-biotechnologies)
- [Synthekine](https://millionrounds.com/company/synthekine)

+28 more

## Pharma

6

- [*I* Inhibrx](https://millionrounds.com/company/inhibrx)
- [Timberlyne Therapeutics](https://millionrounds.com/company/timberlyne-therapeutics)
- [Elpiscience Biopharmaceuticals](https://millionrounds.com/company/elpiscience-biopharmaceuticals)
- [Comanche Biopharma](https://millionrounds.com/company/comanche-biopharma)
- [Precede Biosciences](https://millionrounds.com/company/precede-biosciences)
- [Caldera Therapeutics](https://millionrounds.com/company/caldera-therapeutics)

## Healthtech

5

- [*PM* Peijia Medical](https://millionrounds.com/company/peijia-medical)
- [Virtue Diagnostics](https://millionrounds.com/company/virtue-diagnostics)
- [*S* Singlera](https://millionrounds.com/company/singlera)
- [Akura Medical](https://millionrounds.com/company/akura-medical)
- [*GM* Genesis Medtech](https://millionrounds.com/company/genesis-medtech)

## Segment by segment

### Biotech

52 startups · $8.4B raised

- [**Structure Therapeutics**](https://millionrounds.com/company/structure-therapeutics) Structure Therapeutics specializes in the discovery and development of drugs against a type of targets called GPCR. United States $748M
- [**Terns Pharmaceuticals**](https://millionrounds.com/company/terns-pharmaceuticals) Terns Pharmaceuticals is a biopharmaceutical company that focuses on discovering therapies that will improve the global disease burden. United States $730M
- [**Verdiva Bio**](https://millionrounds.com/company/verdiva-bio) Verdiva Bio is a clinical-stage biopharmaceutical company based in Guildford, United Kingdom, founded in 2024. United Kingdom $601M
- [**Legend Biotech**](https://millionrounds.com/company/legend-biotech) Legend Biotech is a biopharmaceutical company that develops and commercializes novel cell therapies for oncology. United States $576M
- [*TP* **Turning Point Therapeutics**](https://millionrounds.com/company/turning-point-therapeutics) Turning Point Therapeutics is a pharmaceutical company that discovers and develops precision medicines for cancer and other diseases. - $460M
- [*IM* **Insilico Medicine**](https://millionrounds.com/company/insilico-medicine) Hong Kong SAR China $392M
- [**Innovent Biologics**](https://millionrounds.com/company/innovent-biologics) Established in 2011, Innovent is committed to developing, manufacturing and commercializing high quality innovative medicines for China $385M
- [**Passage Bio**](https://millionrounds.com/company/passage-bio) Passage Bio is a fully integrated gene therapy company developing therapies for the treatment of monogenic central nervous system diseases. United States $380M

### Pharma

6 startups · $726M raised

- [*I* **Inhibrx**](https://millionrounds.com/company/inhibrx) United States $265M
- [**Timberlyne Therapeutics**](https://millionrounds.com/company/timberlyne-therapeutics) Timberlyne Therapeutics is a clinical-stage biopharmaceutical company based in San Diego, California, founded in 2024. United States $180M
- [**Elpiscience Biopharmaceuticals**](https://millionrounds.com/company/elpiscience-biopharmaceuticals) Elpiscience Biopharmaceuticals is a clinical-stage biopharmaceutical company based in Shanghai, China, founded in 2017. China $105M
- [**Comanche Biopharma**](https://millionrounds.com/company/comanche-biopharma) Comanche Biopharma Corp. United States $75M
- [**Precede Biosciences**](https://millionrounds.com/company/precede-biosciences) Precede Biosciences is a Boston-based precision diagnostics and data company founded in 2021. United States $64M
- [**Caldera Therapeutics**](https://millionrounds.com/company/caldera-therapeutics) Caldera Therapeutics is a biotech company engaged in the development of bispecific antibody CLD-423 for inflammatory bowel disease (IBD). United States $38M

### Healthtech

5 startups · $352M raised

- [*PM* **Peijia Medical**](https://millionrounds.com/company/peijia-medical) Peijia Medical is an interventional medical products provider - $100M
- [**Virtue Diagnostics**](https://millionrounds.com/company/virtue-diagnostics) Virtue Diagnostics is a global in vitro diagnostics (IVD) company founded in 2019, with a focus on providing affordable and precis Singapore $100M
- [*S* **Singlera**](https://millionrounds.com/company/singlera) China $74M
- [**Akura Medical**](https://millionrounds.com/company/akura-medical) Tecnología e innovación para profesionales de la odontología. United States $53M
- [*GM* **Genesis Medtech**](https://millionrounds.com/company/genesis-medtech) Genesis Medtech is a medical device company. Singapore $25M

**How this map is made.** Every startup here has raised money in a round we track that names Lilly Asia Ventures as an investor, the first in 2012. Each sits under its main sector, read from its rounds, and each sector shows its best-funded first; sectors with fewer than three companies are left off. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

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

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