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- Asieris Pharmaceuticals
Asieris Pharmaceuticals Funding, Investors & Competitors
Asieris Pharmaceuticals has raised $176M across 4 funding rounds, most recently a $106M Series D in November 2020.
Last Asieris Pharmaceuticals funding round
$106M
Series D · Nov 2020
Cumulative funding Asieris Pharmaceuticals raised
$176M
across 4 funding rounds
Key investors in Asieris Pharmaceuticals
Kaitai Capital
Lapam Capital
Yanchuang Capital
Qiming Venture Partners
Shenzhen Guozhong Venture Capital Management
BioTrack Capital
EFung Capital
Yingke Capital
About Asieris Pharmaceuticals
Asieris Pharmaceuticals is a Shanghai-headquartered biopharmaceutical company targeting oncology and anti-infective therapies for multidrug-resistant bacteria. The firm advances pipeline candidates like APL-1202 for non-muscle invasive bladder cancer through clinical trials in China and internationally.
Founded
2010
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Product sales
Sectors
Asieris Pharmaceuticals Funding History
Asieris Pharmaceuticals has raised a total of $176M across 4 funding rounds.
Asieris Pharmaceuticals' first fundraising round was a $15M Series B in December 2017. The most recent completed round was a $106M Series D in November 2020.
Asieris Pharmaceuticals funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Nov 2020 | Series D | Qiming Venture Partners (lead) | $106M | Asieris Pharmaceuticals is a global innovative pharmaceutical company specializing in the treatment of genitourinary tumors and related diseases. Founded in 2010, the company has developed three core technology platforms: targeted immunomodulator normalization (TIMN), prodrug and accurate drug delivery (PADD), and targeted protein degradation (FASTac), with multiple programs in clinical and preclinical development. Qiming Venture Partners led Asieris's Series D financing round in 2020 as part of its broader healthcare investment portfolio. The company subsequently went public on the Science and Technology Innovation Board (STAR Market) of the Shanghai Stock Exchange on January 7, 2022, with an issue price of CNY 22.98 per share and an initial market capitalization of CNY 13.1 billion, marking Qiming's first IPO in 2022. Post-IPO, Asieris achieved significant commercial traction, with 2024 representing its first full year of commercialization and generating operating revenue of RMB 202 million, demonstrating successful market entry with two commercialized products reaching over 1,000 and 500 target hospitals respectively. The company maintains a strong financial position with approximately RMB 1.89 billion in cash and cash equivalents as of end of 2024, while advancing 12 products in its pipeline and 16 ongoing research projects. |
| Jun 2020 | Series C | Tigermed; Yingke Capital; Huayin Finance & Investment; BioTrack Capital; Yanchuang Capital | $41M | - |
| Mar 2020 | Series C | Yanchuang Capital (lead); Shenzhen Guozhong Venture Capital Management; Kaitai Capital; EFung Capital; Lapam Capital | $14M | - |
| Dec 2017 | Series B | Lapam Capital (lead); Kaitai Capital; ZGC Group; Phoenix Fund | $15M | - |
Who has invested in Asieris Pharmaceuticals?
12 investors have backed Asieris Pharmaceuticals across its funding rounds, including Kaitai Capital, Lapam Capital, Yanchuang Capital, Qiming Venture Partners, Shenzhen Guozhong Venture Capital Management and BioTrack Capital.
Lead investors include Qiming Venture Partners, Yanchuang Capital and Lapam Capital.
Asieris Pharmaceuticals Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Participant | Dec 2017 | ||
| 2 | Lead | Dec 2017 | ||
| 2 | Lead | Mar 2020 | ||
| 1 | Participant | Mar 2020 | ||
| 1 | Participant | Jun 2020 | ||
| 1 | Participant | Jun 2020 | ||
| 1 | Participant | Mar 2020 | ||
| 1 | Participant | Dec 2017 | ||
| 1 | Participant | Dec 2017 | ||
| 1 | Lead | Nov 2020 | ||
This data is available for Pro users. Sign up to see all 12 Asieris Pharmaceuticals investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAsieris Pharmaceuticals Competitors
Asieris Pharmaceuticals competitors include listed companies like Eli Lilly, Johnson & Johnson, AbbVie and Merck, and private ones like Biosplice Therapeutics and Biocon Biologics.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $65B | $28B | $1.0T | 13.1x | ||
| Publicly listed | $94B | $40B | $651B | 6.8x | ||
| Publicly listed | $61B | $17B | $467B | 8.1x | ||
| Publicly listed | $65B | $28B | $363B | 6.2x | ||
| Private | - | - | $12B | - | ||
| Private | $1.1B | - | $4.5B | 4.2x |
Asieris Pharmaceuticals Public Comps
Asieris Pharmaceuticals is still privately-owned, but its public comps include Eli Lilly, Johnson & Johnson, AbbVie, Merck, Roche, Novartis, AstraZeneca, Amgen, Novo Nordisk and Gilead Sciences.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $65B | $28B | 16.5x | 13.1x | 38.7x | 27.0x | |||
| $94B | $40B | 7.2x | 6.8x | 17.0x | 18.3x | |||
| $61B | $17B | 8.7x | 8.1x | 30.6x | 17.6x | |||
| $65B | $28B | 6.3x | 6.2x | 14.7x | 21.0x | |||
| $77B | $26B | 5.0x | 4.9x | 14.6x | 12.4x | |||
| $57B | $22B | 5.5x | 5.5x | 14.2x | 13.3x | |||
| $59B | $19B | 4.8x | 4.5x | 14.6x | 12.7x | |||
| $37B | $17B | 6.8x | 6.5x | 14.8x | 14.4x | |||
This data is available for Pro users. Sign up to see all Asieris Pharmaceuticals competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Asieris Pharmaceuticals
| When was Asieris Pharmaceuticals founded? | Asieris Pharmaceuticals was founded in 2010. |
| Where is Asieris Pharmaceuticals headquartered? | Asieris Pharmaceuticals is headquartered in Shanghai, China. |
| Is Asieris Pharmaceuticals publicly listed? | No, Asieris Pharmaceuticals is a private, VC-backed company. |
| How much funding has Asieris Pharmaceuticals raised? | Asieris Pharmaceuticals has raised $176M across 4 funding rounds. |
| What was Asieris Pharmaceuticals' last funding round? | Asieris Pharmaceuticals' last funding round was a $106M Series D in November 2020, led by Qiming Venture Partners. |
| Who are Asieris Pharmaceuticals' investors? | Asieris Pharmaceuticals' investors include Kaitai Capital, Lapam Capital, Yanchuang Capital, Shenzhen Guozhong Venture Capital Management, Tigermed, Yingke Capital, EFung Capital, ZGC Group, Phoenix Fund, Qiming Venture Partners and 2 others. |
| Which companies are comparable to Asieris Pharmaceuticals? | Companies comparable to Asieris Pharmaceuticals include Eli Lilly, Johnson & Johnson, AbbVie, Merck, Biosplice Therapeutics and Biocon Biologics. |
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