New Radiomedicine Technology Valuation, Funding & Investors

New Radiomedicine Technology is valued at $110M as of July 2019.

Last New Radiomedicine Technology valuation

$110M

Series B · Jul 2019

Last New Radiomedicine Technology funding round

$146M

Series E · Apr 2026

Cumulative funding New Radiomedicine Technology raised

$331M

across 5 funding rounds

Key investors in New Radiomedicine Technology

  • Neovision Capital
  • Si Chuan Venture Capital
  • EFung Capital
  • APEX Capital
  • Star Capital
  • Caixin Industry Fund

New Radiomedicine Technology Overview

About New Radiomedicine Technology

New Radiomedicine Technology is a Chengdu-headquartered provider of medical isotopes for malignant tumor diagnosis and treatment, located in Shuangliu Western Airport Development District. Chengdu New Radiomedicine Technology Co., Ltd., founded in April 2016, researches, manufactures, and sells radiopharmaceuticals while offering technology consulting via nrtmedtech.com.


Founded

2016

HQ

ChinaChengdu

Status

Privately held

Customer focus

B2B

Revenue model

Product sales, Services

Valuation

$110M (Jul 2019)

New Radiomedicine Technology Valuation

New Radiomedicine Technology is currently valued at $110M, based on its Series B in July 2019.

The $17M round was led by BTG International, with participation from Hangzhou Ruizhao Investment Management and Ningbo Zhongchao Investment Management.

New Radiomedicine Technology valuation by funding round

New Radiomedicine Technology valuation by funding round
DateStageValuation
Jul 2019Series B$110M

New Radiomedicine Technology Funding History

New Radiomedicine Technology has raised a total of $331M across 5 funding rounds.

New Radiomedicine Technology's first fundraising round was a $15M Series A in October 2018. The most recent completed round was a $146M Series E in April 2026.

New Radiomedicine Technology funding rounds

New Radiomedicine Technology funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Apr 2026Series EGuoxin Investment (lead); Neovision Capital (lead); Shanghai STVC Group (lead); CSPC Guofang Pioneer Fund; Guangdong Development Capital; EFung Capital; Shanghai Lingang Blue Bay Capital; CAS Investment Management; Dingtai Star; Co-Stone Venture Capital; Pudong Chuangtou; Si Chuan Venture Capital$146M--
Oct 2025Series DPICC Capital Investment Management (lead); Shenzhen Capital Group (lead); Caixin Industry Fund; Zhongqi Capital; China Nuclear Industry Fund Management; Heli Hi-Tech; Xintou Huace; Rongtou Fund; Guangdong Traditional Chinese Medicine Health Fund; Airport Venture Capital; Luzhou Xingkong; AstraZeneca CICC Medical Industry Fund$112M--
Mar 2024Series CHuaxing Kangping; Star Capital; Neovision Capital; Chengdu Tianfu International Bio-Town Investment & Development; Si Chuan Venture Capital; Chengdu Science and Technology Venture Capital$42M-Chengdu New Radiomedicine Technology Co., Ltd. (NRT), also referred to as New RadioMedicine Technology, develops radiopharmaceuticals focusing on scarce isotopes and innovative drugs for cancer treatment. The company has built a platform combining isotope production with drug innovation, establishing a world-class R&D and production base for medical isotopes and radiopharmaceuticals, including CDMO services. Strategic collaborations with international firms aim to localize cutting-edge radiopharmaceuticals for China and global markets. NRT's pipeline includes four clinical-stage drug candidates: NRT6003 injection for liver cancer in Phase III trials, NRT6008 for pancreatic cancer in Phase I/II trials, and two solid tumor radiopharmaceuticals in Phase I trials with IND approvals in China and the U.S. Multiple preclinical pipelines are also advancing. A Series C funding round raised over 300 million yuan, announced around March 19, 2024. In October 2025, NRT completed a RMB 800 million Series D round co-led by Shenzhen Capital Group and PICC Capital, with participation from China Nuclear Industrial Fund, Wuxi AstraZeneca CICC Venture Capital, Zhongqi Capital, Guangdong Traditional Chinese Medicine Health Equity Investment Fund, Nuclear Power High Tech, Hunan Chasing Fund, and Chengdu Aerotropolis Innovation & Venture Capital.
Jul 2019Series BBTG International (lead); Hangzhou Ruizhao Investment Management; Ningbo Zhongchao Investment Management$17M$110MChengdu New Radiomedicine Technology (CNRT), a Chinese developer of medical isotopes and radiopharmaceuticals for cancer treatment, raised RMB 116 million (USD 16.9 million) in its Series B funding round on July 17, 2019. BTG International Asia Limited led the round with a RMB 76 million investment for a 10% stake, valuing the company at RMB 760 million post-money. Additional investors included Hangzhou Ruizhao Investment Management and Ningbo Zhongchao Investment Management. The deal positioned BTG to collaborate on regulatory approval, production, and commercialization of its TheraSphere® product in China, alongside CNRT's radioactive microsphere portfolio. CNRT focuses on innovative radiopharmaceuticals for cancers like liver, pancreatic, and solid tumors, with facilities for R&D, testing, and production. The investment supports bringing advanced radiation therapies to Chinese patients and exploring joint development of nuclear medicines. The transaction was expected to close in the second half of 2019, funded from BTG's cash reserves.
Oct 2018Series ADomo Investment; CINDAFUND INVESTMENT; APEX Capital$15M--

Who has invested in New Radiomedicine Technology?

34 investors have backed New Radiomedicine Technology across its funding rounds, including Neovision Capital, Si Chuan Venture Capital, EFung Capital, APEX Capital, Star Capital and Caixin Industry Fund.

Lead investors include Guoxin Investment, Neovision Capital, Shanghai STVC Group, PICC Capital Investment Management, Shenzhen Capital Group and 1 other investor.


New Radiomedicine Technology Investors

Investors in New Radiomedicine Technology by funding rounds participated
InvestorHQRoundsRoleFirst check
Neovision CapitalChinaShanghai2LeadMar 2024
Si Chuan Venture CapitalChinaChengdu2ParticipantMar 2024
Domo InvestmentChinaChengdu1ParticipantOct 2018
CSPC Guofang Pioneer FundChinaChina1ParticipantApr 2026
Caixin Industry FundChinaChangshan1ParticipantOct 2025
Huaxing KangpingChinaChina1ParticipantMar 2024
CINDAFUND INVESTMENTChinaBeijing1ParticipantOct 2018
Star CapitalUnited StatesMiami, FL1ParticipantMar 2024
Hangzhou Ruizhao Investment ManagementChinaChina1ParticipantJul 2019
APEX CapitalGermanyBerlin1ParticipantOct 2018
Guangdong Development CapitalChinaChina1ParticipantApr 2026
EFung CapitalChinaShenzhen1ParticipantApr 2026
Shanghai Lingang Blue Bay CapitalChinaShanghai1ParticipantApr 2026

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New Radiomedicine Technology Competitors

New Radiomedicine Technology competitors include listed companies like PMV Pharma, Medivir and Black Diamond Therapeutics, and private ones like Pharmazz, Evox Therapeutics and Neowise.

Public and private companies comparable to New Radiomedicine Technology
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
PharmazzUnited StatesChicago, ILPrivate$3M-$110M36.7x
PMV PharmaUnited StatesUnited StatesPublicly listed-($86M)$110M-
MedivirSwedenSwedenPublicly listed$868K($6M)$109M135.7x
Evox TherapeuticsUnited KingdomOxfordPrivate--$111M-
Black Diamond TherapeuticsUnited StatesUnited StatesPublicly listed$70M$19M$111M0.7x
NeowiseChinaSuzhouPrivate--$109M-

New Radiomedicine Technology Public Comps

New Radiomedicine Technology is still privately-owned, but its public comps include PMV Pharma, Medivir, Black Diamond Therapeutics, Bioceltix, Paradigm Biopharma, Easywell Biomedicals, Coya Therapeutics, Cumberland, Guerbet and Polaryx Therapeutics.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
PMV Pharma-($86M)--(0.4x)-
Medivir$868K($6M)96.4x135.7x(13.8x)(12.9x)
Black Diamond Therapeutics$70M$19M0.2x0.7x0.9x(0.6x)
Bioceltix-($4M)--(24.6x)(23.9x)
Paradigm Biopharma$57K($39M)1853.1x23.2x(2.7x)(3.6x)
Easywell Biomedicals$19M$1M5.8x-97.8x-
Coya Therapeutics$8M($21M)8.6x22.9x(3.2x)-
Cumberland$45M$2M2.4x-43.4x-

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Common questions about New Radiomedicine Technology

When was New Radiomedicine Technology founded?New Radiomedicine Technology was founded in 2016.
Where is New Radiomedicine Technology headquartered?New Radiomedicine Technology is headquartered in Chengdu, China.
Is New Radiomedicine Technology publicly listed?No, New Radiomedicine Technology is a private, VC-backed company.
What is New Radiomedicine Technology's valuation?New Radiomedicine Technology was last valued at $110M in its Series B in July 2019.
How much funding has New Radiomedicine Technology raised?New Radiomedicine Technology has raised $331M across 5 funding rounds.
What was New Radiomedicine Technology's last funding round?New Radiomedicine Technology's last funding round was a $146M Series E in April 2026, led by Guoxin Investment, Neovision Capital and Shanghai STVC Group.
Who are New Radiomedicine Technology's investors?New Radiomedicine Technology's investors include Neovision Capital, Si Chuan Venture Capital, Domo Investment, CSPC Guofang Pioneer Fund, Caixin Industry Fund, Huaxing Kangping, CINDAFUND INVESTMENT, Star Capital, Hangzhou Ruizhao Investment Management, APEX Capital and 24 others.
Which companies are comparable to New Radiomedicine Technology?Companies comparable to New Radiomedicine Technology include Pharmazz, PMV Pharma, Medivir, Evox Therapeutics, Black Diamond Therapeutics and Neowise.

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