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Allink Biotherapeutics raised $42M in a Series A funding led by Lanchi Ventures to advance global clinical development of its lead candidates and expand its global footprint.

PRIVATENov 29, 2024

Amount Raised

$42 Million

Round Type

Series A

ShanghaiBiotechnologyHealth Care

Investors

Med Fine CapitalGaorong VenturesYuanbio Venture CapitalLegend CapitalC&D Emerging Industry Equity InvestmentLanchi Ventures

Description

Allink Biotherapeutics, a Beijing-based clinical-stage biotechnology company, raised $42M in Series A funding. The funds will be used to advance global clinical development and enhance its portfolio in oncology and immunology.

Quick answer

Allink Biotherapeutics raised $42 Million in a Series A round, dated November 29, 2024. Investors: Med Fine Capital, Gaorong Ventures, Yuanbio Venture Capital, Legend Capital, C&D Emerging Industry Equity Investment and Lanchi Ventures. Allink Biotherapeutics is based in Shanghai, Shanghai, China.

How much did Allink Biotherapeutics raise?
Allink Biotherapeutics raised $42 Million in a Series A round on November 29, 2024.
Who invested in Allink Biotherapeutics?
Med Fine Capital, Gaorong Ventures, Yuanbio Venture Capital, Legend Capital, C&D Emerging Industry Equity Investment and Lanchi Ventures are named as investors in this round.
What does Allink Biotherapeutics do?
AllinkBio is a clinical stage biotechnology company leveraging its innovative proprietary platforms in bispecific antibodies and ADCs to develop a diverse pipeline of First-in-Class (FIC) and Best-in-Class (BIC)..
Where is Allink Biotherapeutics based and how big is it?
Allink Biotherapeutics is based in Shanghai, Shanghai, China.
Who are the decision-makers at Allink Biotherapeutics?
Fundz holds 1 contact at Allink Biotherapeutics. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology and Health Care around the same time

Companies in the same sectors as Allink Biotherapeutics that raised within 45 days of this round, from Fundz verified event records.

  • Caidya raised $165M (Private Equity) on January 13, 2025.
  • Robeauté raised $28M (Series A) on January 13, 2025.
  • Cornerstone Robotics raised $70M (Series C) on January 13, 2025.
  • Neumirna Therapeutics raised $20M (Series A) on January 13, 2025.
  • First Ascent Biomedical raised $6M (Angel) on January 13, 2025.
  • Pi Health raised $29K on January 13, 2025.

Who to call at Allink Biotherapeutics, and when

A new round usually means Allink Biotherapeutics is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Allink Biotherapeutics

Location

Shanghai, Shanghai, China

About

AllinkBio is a clinical stage biotechnology company leveraging its innovative proprietary platforms in bispecific antibodies and ADCs to develop a diverse pipeline of First-in-Class (FIC) and Best-in-Class (BIC) therapeutics. AllinkBio aims to develop treatment paradigm shifting new drugs for patients in the oncology and immunology disease areas and address critical unmet medical needs globally.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Allink Biotherapeutics raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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