MARKET NOTES / 001CHINA / SHANGHAI / BIOPHARMA OUTSOURCING
LESS GUESSWORK. A BETTER RESEARCH LIST.

Biopharma Outsourcing.
Shanghai.

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Who backs this market, where they enter, and how recently they have added a new company. A directory built around the questions founders actually ask.

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Companies are based in Shanghai · investors can be based anywhere
Dataset through 22 May 2026 · calculated 14 Sep 2026
01 / THE SHORTLIST LAB

Make the list work for your company.

12 backers based in Shanghai are shown by default. Compare up to three.

12 of 40 selected backers · Shanghai only

Shows investors whose recorded city is Shanghai. Unknown cities are excluded. Market charts cover all investor locations.

Theme filtering selects backers of companies carrying that theme tag. Entry-stage filtering selects backers with an entry at that stage; the two matches may be different companies. Row metrics describe their entire dated Biopharma Outsourcing history in Shanghai.

Selected investors ranked by distinct companies backed, with first-entry financing and recent activity.
CompareInvestor / recorded locationCompanies
here
New in
24 months
Median total
entry round
Companies
backed again
Latest
investment
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THE INVESTOR, IN CONTEXT
LINKEDIN ACCESS

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02 / THE MARKET READ

Activity is a better starting point
than a long list of names.

Latest 24 months: after 22 May 2024 through 22 May 2026.

RECENT PARTICIPATION
22

Backers in a recent round

22 added at least one new company in this market. The remainder participated only in companies they had already backed here.

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MARKET PACE
4

Distinct equity rounds

Across 3 companies, versus 16 rounds in the preceding 24 months. Each company round is counted once.

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EARLY FINANCING
50%

Rounds at Angel, Pre-Seed or Seed

2 of 4 recent rounds. Compare your stage with its own financing range before sizing the ask.

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NEW RELATIONSHIPS
96%

Participations were first entries

22 first investor–company relationships out of 23 participations. The other 1 were later rounds together.

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Build a syndicate beyond the city.

Of 22 recently active backers, 4 have a recorded Shanghai location and 10 are based elsewhere. Location is missing for 8. Search by market experience first, then investigate the people and their remit.

Match the whole round to your plan.

Recent Seed rounds have a median size of $55M, across 2 disclosed amounts. That is total company financing. An individual investor’s cheque or available capital is not disclosed here.

04 / THE DEPTH MAP

One appearance, or a pattern?

101 of 122 backers with dated histories appear in just one company. Select a cell to explore the directory.

Backers by type and number of distinct Biopharma Outsourcing companies backed in Shanghai, all dated history.
Portfolio breadth here1 company2 companies3–56–1011+
Firms & institutions
Individual angels

Circle area increases with backer count. The shortlist includes backers with 2 or more companies in this market, plus other backers active in the latest 24 months. In the 1-company cell, only recently active backers are available to explore. The shortlist’s investor-location filter also applies; select all locations to broaden the results. 1 backers have only undated entries.

05 / ROUND DESIGN

Different stages. Different capital.

Recent equity rounds · 24-month window.
Amounts are in USD.

StageDistinct roundsMedian / middle half
Seed
2
$55M$53M–$58M2 disclosed · small sample
Series A
1
$5.4M$5.4M–$5.4M1 disclosed · small sample
Series B
1
$45M$45M–$45M1 disclosed · small sample
06 / FOLLOW THE EVIDENCE

The most recent recorded rounds.

Distinct company rounds.
Named backers are shown lead-first.

Series B

Provider of consulting services in the field of chemical research and development through artificial intelligence chemical synthesis

$45M total equity round
1 named backer

Granite Asia

Seed

Biotechnology research company developing biological drugs

$60M total equity round
11 named backers

Shunwei Capital · Delian Capital · Hankang Capital · Honghui Fund · Langmafeng Venture Capital · +6 more

Series A

CRO focused on providing data management services

$5.4M total equity round
3 named backers

LingDu Capital · Jun Investment · Pingtianhu Industrial Investment

Seed

Biotechnology research company developing biological drugs

$50M total equity round
8 named backers

Panacea Venture · Delian Capital · Everjoy Fortune · HLC · Lenovo · +3 more

Series A

Provider of consulting services in the field of chemical research and development through artificial intelligence chemical synthesis

$26M total equity round
4 named backers

LYFE Capital · Qiming Venture Partners · MEGAROBO · Sinovation Ventures

Series B

Pharmaceutical company that develops and manufactures a range of pharmaceutical products, including steroids, hormone intermediates, and APIs

Undisclosed total equity round
1 named backer

Orbimed

07 / READING THE ATLAS

What these patterns can tell you.

The market boundary

Recorded equity rounds for companies tagged Biopharma Outsourcing and located in Shanghai. Investor headquarters may be elsewhere. Company sector and location reflect the available company records, not necessarily the location or sector at the investment date.

The time boundary

Data coverage ends 22 May 2026. The latest market round is 08 Dec 2025. There are 3 undated participations, excluded from timing metrics. Activity after the cutoff is unknown.

The relationship boundary

“New” is the first dated relationship between a backer and a company in this market. “Backed again” requires a later dated round together. A first observed entry may follow an earlier unrecorded investment.

The financing boundary

Amounts describe entire equity rounds, not personal cheques, fund capacity or returns. Medians exclude missing and non-positive amounts; the middle half spans the 25th–75th percentiles. A recorded investment does not establish current availability.

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Calculated 14 Sep 2026 · 40 investor histories to explore