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

Oricell Therapeutics Overview

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

ChinaShanghai

Status

Privately held

Customer focus

B2B

Revenue model

Licensing

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

Oricell Therapeutics funding rounds
DateStageInvestorsRaisedDeal Summary
Apr 2026Undisclosed stageBeijing 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 2026Series CBeijing 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$70MOricell 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 2025Undisclosed stageQiming Venture Partners$28MOricell 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 2023Series BQatar Investment Authority (lead); RTW Investments (lead); C&D Emerging Investment; Qiming Venture Partners$45MOricell 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 2022Series BQiming 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$120MOricell 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 2021Series AShanghai 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$31MOricell 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 2019SeedQiming Venture Partners (lead)$14M-
Jun 2018AngelSuishi 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

Investors in Oricell Therapeutics by funding rounds participated
InvestorHQRoundsRoleFirst check
Qiming Venture PartnersChinaShanghai7LeadDec 2019
Beijing E-town International Investment & DevelopmentChinaBeijing2ParticipantJan 2026
Elikon VentureChinaShanghai2ParticipantJan 2026
C&D Emerging InvestmentChinaXiamen2ParticipantAug 2022
NGS SuperAustraliaMelbourne2ParticipantJan 2026
Beijing Medical and Health Industry Investment FundChinaBeijing2LeadJan 2026
Frees FundChinaBeijing1ParticipantJan 2026
RTW InvestmentsUnited StatesNew York City, NY1LeadFeb 2023
Boquan Equity Investment Management--1ParticipantAug 2022
Lichen Capital--1ParticipantJan 2026
Talon CapitalHong KongHong Kong1ParticipantApr 2026
Xiamen C&D CorporationChinaXiamen1ParticipantJan 2021
Qatar Investment AuthorityQatarQatar1LeadFeb 2023

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Oricell 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.

Public and private companies comparable to Oricell Therapeutics
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Eli LillyUnited StatesUnited StatesPublicly listed$65B$28B$1.0T13.1x
Johnson & JohnsonUnited StatesUnited StatesPublicly listed$94B$40B$651B6.8x
AbbVieUnited StatesUnited StatesPublicly listed$61B$17B$467B8.1x
MerckUnited StatesUnited StatesPublicly listed$65B$28B$363B6.2x
Biosplice TherapeuticsUnited StatesSan Diego, CAPrivate--$12B-
Biocon BiologicsIndiaBangalorePrivate$1.1B-$4.5B4.2x

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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Eli Lilly$65B$28B16.5x13.1x38.7x27.0x
Johnson & Johnson$94B$40B7.2x6.8x17.0x18.3x
AbbVie$61B$17B8.7x8.1x30.6x17.6x
Merck$65B$28B6.3x6.2x14.7x21.0x
Roche$77B$26B5.0x4.9x14.6x12.4x
Novartis$57B$22B5.5x5.5x14.2x13.3x
AstraZeneca$59B$19B4.8x4.5x14.6x12.7x
Amgen$37B$17B6.8x6.5x14.8x14.4x

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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.

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