Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.

Lilly Asia Ventures

Overview

Investments

Unlock datapoints

Portfolio analytics

Team

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

Need help with fundraising?

We offer an assisted fundraising option for startups

Learn more
Total investments 212
Average round size
info
The average size of a deal this fund participated in
$59M
Portfolio companies 117
Rounds per year 13.25
Lead investments 33
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.43
Exits 28
Key employees 4
Stages of investment
Early Stage Venture
Late Stage Venture

Areas of investment

  • Biotechnology
  • Health Care
  • Medical
  • Pharmaceutical
  • Biopharma
Summary

In 2008 was created Lilly Asia Ventures, which is appeared as VC. The main office of represented VC is situated in the Shanghai. The venture was found in Asia in China.

The standard case for the fund is to invest in rounds with 4-5 partakers. Despite the Lilly Asia Ventures, startups are often financed by OrbiMed, ARCH Venture Partners, Qiming Venture Partners. The meaningful sponsors for the fund in investment in the same round are ARCH Venture Partners, Vivo Capital, Temasek Holdings. In the next rounds fund is usually obtained by Hillhouse Capital Group, Qiming Venture Partners, Temasek Holdings.

The overall number of key employees were 4.

We can highlight the next thriving fund investment areas, such as Biotechnology, Health Care. For fund there is no match between the location of its establishment and the land of its numerous investments - United States. Moreover, a startup needs to be at the age of 4-5 years to get the investment from the fund. Among the most popular portfolio startups of the fund, we may highlight Innovent Biologics, Alector, Betta Pharmaceuticals. The fund has no specific favorite in a number of founders of portfolio startups. In case when startup counts 5+ of the founder, the chance for it to get the investment is meager.

The high activity for fund was in 2018. The usual things for fund are deals in the range of 50 - 100 millions dollars. Opposing the other organizations, this Lilly Asia Ventures works on 15 percentage points less the average amount of lead investments. The increased amount of exits for fund were in 2019. The fund is constantly included in 2-6 investment rounds annually. The real fund results show that this VC is 16 percentage points more often commits exit comparing to other companies. The average startup value when the investment from Lilly Asia Ventures is 500 millions - 1 billion dollars.

Read more

Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Lilly Asia Ventures:
Typical Co-investors
Lilly Asia Ventures is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Lilly Asia Ventures:

Funds with similar focus

Funds from China
Funds with similar focus located in China:
Funds with the same geo focus
Funds with similar geography of portfolio companies:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

XellSmart

Biopharma
Biotechnology
Pharmaceutical
21 Oct 2024 Minhang, Shanghai, China

Positive Sequence Biology

Biopharma
Biotechnology
Genetics
$15M08 Aug 2024 Shanghai, Shanghai, China

Rona Therapeutics

Health Care
Medical
Therapeutics
$35M19 Jul 2024 Shanghai, Shanghai, China

Yanming Biology

Biotechnology
Pharmaceutical
Therapeutics
24 May 2024 Changping, Beijing, China

Healingovation

$9M14 May 2024 Daxing, Beijing, China

Esker Therapeutics

Biotechnology
Life Science
$259M06 Mar 2024 -

Targeting One

$15M18 Feb 2024 Haidian District, Beijing, China

Comanche Biopharma

Biopharma
Biotechnology
Pharmaceutical
$75M17 Jan 2024 Concord, Massachusetts, United States

Synnovation Therapeutics

Health Care
Life Science
Medical
$102M14 Dec 2023 Wilmington, Delaware, United States
News
ShouTi Secures $100 Million Series B Financing to Accelerate Development of Life-Changing Medicines Fueled by Advanced Computational, Structure-Based Drug Design Platform

– ShouTi Inc. announced the close of a $100m Series B financing round.
– The round was led by BVF Partners. Additional new investors include Casdin Capital, Cormorant Asset Management, Janus Henderson Investors, Lilly Asia Ventures, Monashee Capital, Sage Partners, Stork Capital, Surveyor Capital (a Citadel company), TCG X, Terra Magnum Capital Partners, Woodline Partners, and co-founder and strategic partner Schrödinger.
– Existing investors also participated in the financing, including Eight Roads, F-Prime Capital Partners, Qiming Venture Partners, Sequoia Capital China, TF Capital and Wuxi AppTec.

ADARx Raises $75 Million to Advance Growing Pipeline

– ADARx Pharmaceuticals, Inc. completed a $75m Series B financing.
– The round was co-led by SR One Capital Management and OrbiMed Advisors.
Sirona Capital joined this financing as well as existing investor Lilly Asia Ventures.
– The proceeds from the Series B financing will be used to advance ADARx’s proprietary RNA platform technologies for base editing, inhibition, degradation, and delivery.
– The proceeds will also be used to transition ADARx’s growing pipeline of research phase products into the clinic including initiation of a Phase 1 clinical trial for ADARx’s lead program.

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Lilly Asia Ventures?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!
Total investments 212
Average round size 59M
Rounds per year 13.25
Peak activity year 2021
Lead investments 33
Follow on index 0.43
Exits 28
Group Appearance index 0.94

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

XellSmart

Biopharma
Biotechnology
Pharmaceutical
21 Oct 2024 Minhang, Shanghai, China

Positive Sequence Biology

Biopharma
Biotechnology
Genetics
$15M08 Aug 2024 Shanghai, Shanghai, China

Rona Therapeutics

Health Care
Medical
Therapeutics
$35M19 Jul 2024 Shanghai, Shanghai, China

Yanming Biology

Biotechnology
Pharmaceutical
Therapeutics
24 May 2024 Changping, Beijing, China

Healingovation

$9M14 May 2024 Daxing, Beijing, China

Esker Therapeutics

Biotechnology
Life Science
$259M06 Mar 2024 -

Targeting One

$15M18 Feb 2024 Haidian District, Beijing, China

Comanche Biopharma

Biopharma
Biotechnology
Pharmaceutical
$75M17 Jan 2024 Concord, Massachusetts, United States

Synnovation Therapeutics

Health Care
Life Science
Medical
$102M14 Dec 2023 Wilmington, Delaware, United States
Crunchbase icon

Content report

The following text will be sent to our editors: