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- Oricell Therapeutics
Oricell Therapeutics Funding, Investors & Competitors
Oricell Therapeutics has raised $419M across 8 funding rounds, most recently a $110M undisclosed-stage round in April 2026.
Last Oricell Therapeutics funding round
$110M
Undisclosed stage · Apr 2026
Cumulative funding Oricell Therapeutics raised
$419M
across 8 funding rounds
Key investors in Oricell Therapeutics
Qiming Venture Partners
Beijing E-town International Investment & Development
Beijing Medical and Health Industry Investment Fund
NGS Super
Elikon Venture
C&D Emerging Investment
Frees Fund
Qatar Investment Authority
About Oricell Therapeutics
Oricell Therapeutics is a Shanghai-based developer of tumor immunotherapy drugs using invariant Natural Killer T cells. The company advances OCX-100 for solid tumors and OCX-200 for hematological malignancies in clinical trials. Oricell partners with institutions in China for CAR-iNKT therapies targeting liver and lung cancers. Its pipeline addresses unmet needs in checkpoint-resistant tumors through allogeneic cell manufacturing.
Founded
2015
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Licensing
Sectors
Oricell Therapeutics Funding History
Oricell Therapeutics has raised a total of $419M across 8 funding rounds.
Oricell Therapeutics' first fundraising round was a $500K angel round in June 2018. The most recent completed round was a $110M undisclosed-stage round in April 2026.
Oricell Therapeutics funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Apr 2026 | Undisclosed stage | Beijing Medical and Health Industry Investment Fund (lead); Qiming Venture Partners (lead); Vivo Capital (lead); Beijing E-town International Investment & Development; Talon Capital; Elikon Venture; Lucion; NGS Super | $110M | - |
| Jan 2026 | Series C | Beijing Medical and Health Industry Investment Fund (lead); Qiming Venture Partners (lead); Frees Fund; Beijing E-town International Investment & Development; Lichen Capital; Elikon Venture; NGS Super; Undisclosed investor | $70M | Oricell Therapeutics Holdings Limited, a clinical-stage biotechnology company founded in 2015 and operating in China and the US, develops next-generation CAR-T cell therapies for solid tumors and hematologic malignancies to address unmet needs in oncology and immunology. The company is built on three proprietary platforms: Ori®Ab for antibody discovery and engineering, Ori®Armoring for enhancing T-cell persistence and functions, and OnGo (Fast) CMC for rapid, scalable manufacturing. On January 12, 2026, Oricell announced the initial closing of a $70 million USD Series C1 financing round, co-led by Beijing Medical and Health Care Industry Investment Fund and Qiming Venture Partners, with participation from a leading global healthcare fund, NGS Super, E-Town Capital (Beijing E-town International Investment & Development), Elikon Venture, Talon Capital (possibly Lichen Capital), and a sovereign wealth fund. The proceeds will accelerate global expansion, clinical development, technical capabilities, and paths to commercialization, including internationalization of its pipeline. Oricell's lead program, Ori-C101, is an autologous GPC3-targeted CAR-T for advanced hepatocellular carcinoma (HCC), with completed Phase I investigator-initiated trial (IIT) and IND study showing proof-of-concept clinical data. Additional pipeline assets include the innovative secreting CAR-T OriC902, demonstrating efficacy and durability in ultra-late-line solid tumor patients, and a dual-targeted in vivo CAR-T that has initiated an IIT study for off-the-shelf generation directly in patients. Prior to this round, Oricell raised $125 million in Series B in July 2022 and a $45 million extension in February 2023 from investors including RTW Investments, Qatar Investment Authority, Qiming, and C&D Emerging Industry Equity Investment. The company continues to advance multi-target, multi-mechanism next-generation CAR-T products amid policy tailwinds and expanding market opportunities in cell therapy. |
| Jun 2025 | Undisclosed stage | Qiming Venture Partners | $28M | Oricell Therapeutics is a clinical-stage biotechnology company focused on developing next-generation cell therapies for oncology and immunology, particularly CAR-T therapies for solid tumors like hepatocellular carcinoma (HCC) using its proprietary platforms: Ori®Ab for antibody discovery, Ori®Armoring for T-cell enhancement, and OnGo (Fast) CMC for rapid manufacturing. The company operates in China and the US, advancing a pipeline including the lead candidate Ori-C101, an autologous GPC3-targeted CAR-T that has shown strong efficacy and safety in Phase I trials. Oricell raised $70 million in a Series C1 funding round co-led by Beijing Medical and Health Care Industry Investment Fund, Qiming Venture Partners, and a leading global healthcare fund, with participation from a sovereign wealth fund, NGS Super, E-Town Capital, Elikon Venture, and Talon Capital. The proceeds will accelerate global clinical development, expand operations, strengthen technological capabilities, and support paths to commercialization, including in vivo CAR-T products. Qiming Venture Partners, an early investor, highlighted Oricell's progress from autologous CAR-Ts to rapid manufacturing and in vivo therapies. Prior to this, Oricell secured $125 million in Series B in July 2022 and a $45 million extension in February 2023, followed by over $120 million in Series B announced in August 2022 led by Qiming and Quan Capital for pipeline development and manufacturing. The company has generated proof-of-concept clinical data across multiple CAR-T programs and aims to deliver affordable cell therapies globally. |
| Feb 2023 | Series B | Qatar Investment Authority (lead); RTW Investments (lead); C&D Emerging Investment; Qiming Venture Partners | $45M | Oricell Therapeutics is a China-based clinical-stage biopharmaceutical company founded in 2015, focused on developing tumor cellular immunotherapeutics, particularly next-generation CAR-T therapies for solid tumors and hematological malignancies like relapsed/refractory multiple myeloma (RRMM). The company has built proprietary platforms including antibody engineering, tumor immune microenvironment regulation, and enhanced T cell capabilities to address challenges in solid tumor treatment. Key products include OriCAR-017, a GPRC5D-targeted CAR-T in IND-enabling stage in the US and China, and Ori-C101, which received IND clearance from China's NMPA in 2022 and presented data at ASCO and EHA congresses. On February 28, 2023, Oricell closed a $45 million Series B-1 extension round, co-led by Qatar Investment Authority and RTW Investments, with participation from Qiming Venture Partners and C&D Emerging Industry Equity Investment. This followed a $120-125 million Series B round in July 2022, bringing total Series B funding to approximately $165-170 million. Proceeds from the B-1 round were allocated primarily to advance core product clinical development in the US, especially OriCAR-017. Oricell has secured over 100 invention patents, with 10 granted, and continues to innovate in rapid manufacturing and in vivo CAR-T technologies. The company aims to deliver affordable therapies for unmet needs globally. Subsequent to this round, Oricell raised $70 million in a Series C-1 round with investors including Beijing Medical and Health Care Industry Investment Fund and Qiming, to support global expansion, clinical trials, and commercialization efforts. |
| Aug 2022 | Series B | Qiming Venture Partners (lead); Quan Capital (lead); Boquan Equity Investment Management; C&D Emerging Investment; J One Capital; Suzhou Fund; Shanghai Sci-Tech Innovation Center Capital | $120M | Oricell Therapeutics, a Shanghai-based clinical-stage biotech founded in 2015, develops next-generation CAR-T cell therapies for solid tumors in oncology and immunology, leveraging proprietary platforms including rapid manufacturing and in vivo CAR-T technologies to address unmet clinical needs globally. The company operates in China and the US, focusing on innovations to create effective and affordable tumor immunotherapies. On August 1, 2022, Oricell raised over $120 million in a Series B financing round jointly led by Qiming Venture Partners and Quan Capital, with participation from investors including Boquan Equity Investment Management, C&D Emerging Investment, J One Capital, Shanghai Sci-Tech Innovation Center Capital, and Suzhou Fund. The funds are intended to advance cell therapies for cancer immunology, supporting global clinical development, R&D of in vivo products, and new technologies. Prior to this, the company had secured significant funding, and this Series B followed by a $45 million extension in February 2023 and a $70 million Series C1 in early 2026. Oricell continues to progress its pipeline, with emphasis on policy support, market opportunities, and technical expertise in autologous and secreting CAR-Ts. Competitive context includes other CAR-T developers, but Oricell differentiates through manufacturing speed and in vivo approaches. |
| Jan 2021 | Series A | Shanghai Pudong Science and Technology Investment (lead); Xiamen C&D Corporation; Spinnotec; Zhangjiang Science & Technology Investment Corporation; Qiming Venture Partners; Shanghai Gaosen Asset Management; Yijing Capital | $31M | Oricell is a clinical-stage biotech company founded in 2015 that develops CAR-T cell therapies for solid tumors, with operations in Shanghai, Hong Kong, and New Jersey. The company's lead program, Ori-C101, is an autologous GPC3-targeted CAR-T therapy for advanced hepatocellular carcinoma that has completed Phase I trials and is entering registrational pivotal testing. |
| Dec 2019 | Seed | Qiming Venture Partners (lead) | $14M | - |
| Jun 2018 | Angel | Suishi Ziben | $500K | - |
Who has invested in Oricell Therapeutics?
26 investors have backed Oricell Therapeutics across its funding rounds, including Qiming Venture Partners, Beijing E-town International Investment & Development, Beijing Medical and Health Industry Investment Fund, NGS Super, Elikon Venture and C&D Emerging Investment.
Lead investors include Beijing Medical and Health Industry Investment Fund, Qiming Venture Partners, Vivo Capital, Qatar Investment Authority, RTW Investments and 2 other investors.
Oricell Therapeutics Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 7 | Lead | Dec 2019 | ||
| 2 | Participant | Jan 2026 | ||
| 2 | Participant | Jan 2026 | ||
| 2 | Participant | Aug 2022 | ||
| 2 | Participant | Jan 2026 | ||
| 2 | Lead | Jan 2026 | ||
| 1 | Participant | Jan 2026 | ||
| 1 | Lead | Feb 2023 | ||
| -- | 1 | Participant | Aug 2022 | |
| -- | 1 | Participant | Jan 2026 | |
| 1 | Participant | Apr 2026 | ||
| 1 | Participant | Jan 2021 | ||
| 1 | Lead | Feb 2023 | ||
This data is available for Pro users. Sign up to see all 26 Oricell Therapeutics 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 TrialOricell Therapeutics Competitors
Oricell Therapeutics 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 |
Oricell Therapeutics Public Comps
Oricell Therapeutics 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 Oricell Therapeutics competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Oricell Therapeutics
| When was Oricell Therapeutics founded? | Oricell Therapeutics was founded in 2015. |
| Where is Oricell Therapeutics headquartered? | Oricell Therapeutics is headquartered in Shanghai, China. |
| Is Oricell Therapeutics publicly listed? | No, Oricell Therapeutics is a private, VC-backed company. |
| How much funding has Oricell Therapeutics raised? | Oricell Therapeutics has raised $419M across 8 funding rounds. |
| What was Oricell Therapeutics' last funding round? | Oricell Therapeutics' last funding round was a $110M undisclosed-stage round in April 2026, led by Beijing Medical and Health Industry Investment Fund, Qiming Venture Partners and Vivo Capital. |
| Who are Oricell Therapeutics' investors? | Oricell Therapeutics' investors include Qiming Venture Partners, Beijing E-town International Investment & Development, Elikon Venture, C&D Emerging Investment, NGS Super, Beijing Medical and Health Industry Investment Fund, Frees Fund, RTW Investments, Boquan Equity Investment Management, Lichen Capital and 16 others. |
| Which companies are comparable to Oricell Therapeutics? | Companies comparable to Oricell Therapeutics include Eli Lilly, Johnson & Johnson, AbbVie, Merck, Biosplice Therapeutics and Biocon Biologics. |
See companies similar to Oricell Therapeutics
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