Sector portfolio · VC firm · United States

MP

Matrix Partners China's Biotech portfolio

Matrix Partners China has backed 22 Biotech startups in rounds we track, $1.5B between them, shown by the stage each has reached. The best-funded is Inventisbio.

22startups backed
4stages
$1.5Braised between them
Series Bbiggest stage

Matrix Partners China's whole portfolioMatrix Partners China's profile

Segment by segment

Series B

10 startups · $629M raised

  1. Adlai NortyeAdlai Nortye is a clinical-stage biopharmaceutical company that deveops cancer treatments for diverse tumor types.China$190M
  2. Senti BiosciencesSenti Biosciences is a biotechnology company that focuses on synthetic biology and gene circuit engineering for therapeutic applications.United States$169M
  3. D3 BioD3 Bio is a clinical-stage biotechnology company based in Wuxi, China, founded in 2020.China$108M
  4. Qihan BiotechQihan Biotech is a gene-editing organ transplantation technology developer.China$42M
  5. PAQ TherapeuticsPAQ Therapeutics is a clinical-stage biotechnology company based in Cambridge, Massachusetts, founded in 2020 by Dr.United States$38M
  6. 1S12 SigmaUnited States$30M
  7. 23Mofang23Mofang provides genetic testing services for Chinese people and conducts life data analysis business.China$16M
  8. GrandOmicsGrandomics provides molecular diagnosis, research, and carrier screening for single gene diseases.China$15M

Series A

5 startups · $125M raised

  1. NovoCodexNovoCodex is a biopharmaceuticals company that specalizes in the business of genetic engineering, and cell culture.China$62M
  2. UTUcello TherapeuticsUcello Therapeutics is engaged in development of allogeneic cell therapies using its proprietary CAR-T cell technology platform CBT-X20.China$21M
  3. NeuraMatrixNeuraMatrix is a China-based brain-computer interface platform that offers an implantable neural interface for frontier neuroscienChina$16M
  4. SBSi'ao BiotechnologySi'ao Biotechnology engages in the development and production of genetic engineering vaccines and test kits.China$14M
  5. UUmerDoctorUmerDoctor is a dermatologist collaborative learning platform.China$13M

Series C and later

4 startups · $702M raised

  1. InventisBioInventisBio is a clinical-stage biopharmaceutical company based in Shanghai, China, with operations in New Jersey, USA.China$236M
  2. NBNuance BiotechNuance Biotech is a pharmaceutical company Based In China.China$201M
  3. Nuance PharmaNuance Pharma is a specialty biopharmaceutical company based in Shanghai, founded in 2014 by Mark Lotter.China$181M
  4. GRIT BiotechnologyGrit Biotechnology, also known as Grit Bio, is a clinical-stage biopharmaceutical company based in Shanghai, China.China$84M

Stage not reported

3 startups · $27M raised

  1. Abc clinic butlerAbc clinic butler is a smart clinic butler service provider.China$14M
  2. RootPathRootPath is a synthetic biology company dedicated to reducing the cost of gene synthesis and enhancing gene function interrogation.United States$8.4M
  3. Tallac TherapeuticsTallac Therapeutics offers next generation immunotherapies for cancer patients.United States$5.0M

How this map is made. Every startup here works in Biotech and has raised money in a round we track that names Matrix Partners China as an investor. Each sits under the stage of its latest round. Rebuilt nightly; updated 15 November 2026.

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