{"investor":{"slug":"lilly-asia-ventures","name":"Lilly Asia Ventures","website":"https://lillyasiaventures.com","x_handle":null,"logo":"https://recentfunding.com/logo/e/OlKTcHUiI4lTxbJ0XgS48bUUICQV3SIFm4eH9C7tHUVpQKzQ6N0VbgMNJ7_O1fN58ZF2aUAYdB-YIcr8Nv3dmmUyOIB6EyVJIig8pItKYQBdnFVl6ShT66eGI556HoCTEtoHRVCsHDgD8uyKPvCTQFc1QzDPPIQ","type":"fund","companies":3,"deals":2,"deals_12m":1,"deals_90d":1,"leads":0,"round_capital":188000000,"latest_deal":{"date":"2026-09-07","stage":"series-b+","amount_usd":80000000,"company":{"slug":"neushen-therapeutics","name":"NeuShen Therapeutics"}}},"profile":{"type":"vc","hq_city":"Hong Kong","hq_country":"HK","founded_year":2008,"stages":["Pre-Seed","Seed","Series A","Series B","Series C","Growth","Late Stage"],"sectors":["Biotech","Digital Health","EdTech","Healthtech","Medical Devices"],"check_min_usd":null,"check_max_usd":null,"leads_rounds":false,"portfolio_count":73,"exit_count":2,"led_rounds":1,"website":"https://lillyasiaventures.com","source_url":"https://fundraisingfox.com/investors/lilly-asia-ventures","dataset_version":"v2026-09","pe_firm_slug":null,"attribution":"Fundraising Fox Open Dataset (CC BY 4.0)"},"fund_returns":[{"fund":"LAV Fund VI Opportunities, L.P.","vintage_year":2021,"asset_class":"opportunistic","strategy":"multi_strategy","size_usd":null,"net_irr":0.032,"net_tvpi":1.1,"net_dpi":0.1396,"as_of":"2025-09-30","url":"https://fundraisingfox.com/investors/lilly-asia-ventures"},{"fund":"LAV Fund VI, L.P.","vintage_year":2021,"asset_class":"opportunistic","strategy":"multi_strategy","size_usd":null,"net_irr":0.0914,"net_tvpi":1.27,"net_dpi":0.2851,"as_of":"2025-09-30","url":"https://fundraisingfox.com/investors/lilly-asia-ventures"},{"fund":"LAV Biosciences Fund V, L.P.","vintage_year":2019,"asset_class":"private_equity","strategy":"venture_capital","size_usd":null,"net_irr":0.0634,"net_tvpi":1.29,"net_dpi":0.3666,"as_of":"2025-09-30","url":"https://fundraisingfox.com/investors/lilly-asia-ventures"},{"fund":"LAV Biosciences Fund IV, L.P.","vintage_year":2017,"asset_class":"private_equity","strategy":"venture_capital","size_usd":null,"net_irr":0.1448,"net_tvpi":1.85,"net_dpi":1.1058,"as_of":"2025-09-30","url":"https://fundraisingfox.com/investors/lilly-asia-ventures"}],"funds_raised":[{"fund_name":"Lilly Asia Ventures","firm":"Lilly Asia Ventures","fund_number":"VII","first_fund":false,"amount_usd":"700000000","amount_currency":"USD","amount_source_url":"https://ionanalytics.com/insights/mergermarket/lilly-asia-ventures-closes-fund-vii-at-usd-700m-hard-cap/","amount_source":"ION Analytics","amount_via":"press","amount_note":null,"announced_on":"2025-05-22","date_precision":"day","year":2025,"location":null,"regions":[],"announcement_url":null,"investor_slug":"lilly-asia-ventures","logo":"https://recentfunding.com/logo/e/OlKTcHUiI4lTxbJ0XgS48bUUICQV3SIFm4eH9C7tHUVpQKzQ6N0VbgMNJ7_O1fN58ZF2aUAYdB-YIcr8Nv3dmmUyOIB6EyVJIig8pItKYQBdnFVl6ShT66eGI556HoCTEtoHRVCsHDgD8uyKPvCTQFc1QzDPPIQ"}],"team":[],"limited_partners":[],"positions":[],"portfolio":[{"slug":"neushen-therapeutics","name":"NeuShen Therapeutics","logo":"https://recentfunding.com/logo/e/X46-rSVltEzdv7kvobB418jBltuKW8K6XI1grDfOpTV8EpwtdYVxjtPdtdUaeTi3lX9qdJzs0NMeCqLDM0qGtLkF-hlaKyxR0FKUH4fEyd-S9LTh_j2I5CjprA","crypto":false,"categories":["health-bio"],"total_raised":100000000,"latest_raise":{"date":"2026-09-07","stage":"series-b+","amount_usd":80000000,"source_url":"https://www.thepharmaletter.com/biotech-news/neushen-closes-oversubscribed-series-b-exceeding-80-million-for-cns-pipeline"},"rounds_with_investor":[{"date":"2026-09-07","stage":"series-b+","amount_usd":80000000,"source_url":"https://www.thepharmaletter.com/biotech-news/neushen-closes-oversubscribed-series-b-exceeding-80-million-for-cns-pipeline","lead":false}]},{"slug":"synthekine","name":"Synthekine","logo":"https://recentfunding.com/logo/e/yDjy88nsOk-bjMp9qkMfj6LG7urrHSrOkgAb1ANOTGfNz2GffuU47pvNGGdyOg4nYs7MnF-mKOYi07CS1h0H5yLx7DhxVDryp4fIqIAozMssiNbBYjqQaQEioEl9izZETv7XIjK9AUGi","crypto":false,"categories":["health-bio"],"total_raised":290000000,"latest_raise":{"date":"2023-01-06","stage":"series-b+","amount_usd":100000000,"source_url":"https://startupintros.com/news/2023-01-01-synthekine-series-c"},"rounds_with_investor":[{"date":"2021-06-10","stage":"series-b+","amount_usd":108000000,"source_url":"https://www.fiercebiotech.com/biotech/synthekine-scores-significant-series-b-to-secure-set-clinical-trials-12-months","lead":false}]},{"slug":"khartis-therapeutics","name":"Khartis Therapeutics","logo":"https://recentfunding.com/logo/e/COmUKwKW4_35P7kp808SllqlTItiYP4pvRzIjo4Yfwd1LpZEfKOkCe2a85Cl92DK_lQofaLy3AiTi9efIwfyq7nkF7cxnaZH9GeAbgr2dLwLqOeKVo0kpVuiKJtZwV987cvjCTebxQ","crypto":false,"categories":["health-bio"],"total_raised":95000000,"latest_raise":{"date":"2026-08-13","stage":"series-b+","amount_usd":95000000,"source_url":"https://fundraisingfox.com/companies/khartis-therapeutics"},"rounds_with_investor":[],"backer_source_url":null}],"top_categories":[{"key":"health-bio","label":"Health and bio","companies":3,"share":1}],"allocation":{"stages":[{"key":"series-b+","label":"Series B+","deals":2,"capital":188000000,"share":1}],"years":[{"year":"2021","deals":1,"capital":108000000,"share":0.5},{"year":"2026","deals":1,"capital":80000000,"share":0.5}]},"co_investors":[{"slug":"b-capital","name":"B Capital","logo":"https://recentfunding.com/logo/e/y5S-bv_z20vVCVfz9xNUw_IgGha5tnBjSJO5IrFmYiHSbe6d9C3SEUKSZ3fTEzATcKA2PqoOu9TPAENLW4ELhcLhhkvFJBRjX7EZxrcuhtupDYFQzwCjVA1rxXLK7hix","type":"fund","shared_rounds":1,"last_shared":"2026-09-07"},{"slug":"matrix-partners-china","name":"Matrix Partners China","logo":"https://recentfunding.com/logo/e/k8mdwvQvZc8ZXUXbbKZZQVaxpmfol1HK2skNFECT59hOwxXiy5d2ESkVKz4xVSAYHa1eG687Kqgl3G2jt9R3KrIn1Xu7kSmsHDa-hZD2m5Hm9XAlCl7gNi74MDFV5iacUwaPuzFEUpx-QzuE4_bZxaVw74E_O7M","type":"fund","shared_rounds":1,"last_shared":"2026-09-07"},{"slug":"trumed-investment","name":"TruMed Investment","logo":null,"type":"fund","shared_rounds":1,"last_shared":"2026-09-07"},{"slug":"shanghai-guotou-pioneer","name":"Shanghai Guotou Pioneer","logo":"https://recentfunding.com/logo/e/otpEuWiu9MlAW0F8by1Crixeni9iWWM8hpFtpOe9Xtz4ly6ikiQui3doRDgCRjOEInKPR7dQz_AfcmL9ur5o51fa5zcLItJZxVzPY9rf6EW5XP08fhPziwwnyMKaMuAX-faQwUaDSw","type":"fund","shared_rounds":1,"last_shared":"2026-09-07"},{"slug":"legend-capital","name":"Legend Capital","logo":"https://recentfunding.com/logo/e/bHqZaitZrLwRjBc4WzjAWK7mBAztF9g2v_epO9nBiJoX1XyG6ogtVdk9tnwtdujssnw6UQgKWM0i11S7jqXXFzLeE3MpYVFonwwW3ueMjVCF8FgQWNp4I1X7DQ","type":"fund","shared_rounds":1,"last_shared":"2026-09-07"},{"slug":"janus-henderson-investors","name":"Janus Henderson Investors","logo":"https://recentfunding.com/logo/e/nfUq1ub1E8orhfAikI5iepwq_Fs1bEmjjyXEjdlmYQGLENG5_h8WYVBViHR2JcmB8yoxU99Ljm1Oid-WGHRDS6KkVaau8BJjdJCP2QYC_RHZeTuzHlgQyhNt-4tJEni-07zR4RQpbg","type":"fund","shared_rounds":1,"last_shared":"2021-06-10"},{"slug":"emerson-collective","name":"Emerson Collective","logo":"https://recentfunding.com/logo/e/k-wirrwjga1Fs7NvryP4tN_AXCIK7S-qQO_qypy47PKsh4lXQ4r91fFka2bwBwiQqcwPVEOfXzO3PIrtfL99_wR6i47hNVe4i6xltNPqg982L9CnmDcYRi0ThpeSDA","type":"fund","shared_rounds":1,"last_shared":"2021-06-10"},{"slug":"ra-capital-management","name":"RA Capital Management","logo":"https://recentfunding.com/logo/e/XfCKfg9cf890ONhFPD_njtf4GZ-Mit0VaS9ph5f89cSXHYDJ2tdp1dEue9NdfYZvCPpOdgpW5pmxfSRzfLKTFDMmHO0_cYjaS_BFKKT4pmkZ8MOnnOV-VPXV7nxQyU0nQP3OeJteeg","type":"fund","shared_rounds":1,"last_shared":"2021-06-10"},{"slug":"samsara-biocapital","name":"Samsara Biocapital","logo":"https://recentfunding.com/logo/e/-lCbkd_xhuaqqdDD3TKg2h2fm9kkuKzL8UMR0awYJDU5wUr8ZXsgK4XW-uSGyHSvUl3c_phROPIvy48FHIbD0uD2ZA0VypAGdQvi6b0hSI4ZtInJgIXD-4wlUQ","type":"fund","shared_rounds":1,"last_shared":"2021-06-10"},{"slug":"the-column-group","name":"The Column Group","logo":"https://recentfunding.com/logo/e/HREn3Gd04lrsoAlGhTuFRmjeiKnPRs-9jgRqUyW7iDyOF_Z64vz45qAQCxvRLnZUkjpVAIfFtGsc7LqV6jajxEFZYXr0MRdlvvvrIvpFb4sv6G5ojMBslqZTiQE8D9dbXbvKoVs1LBjb","type":"fund","shared_rounds":1,"last_shared":"2021-06-10"},{"slug":"tcg-crossover","name":"TCG Crossover","logo":"https://recentfunding.com/logo/e/teLopbp7jGYe_xxVruKeNBpY_bmvKa7roMc3xm9kMFGqtxx5EoO2BsmyT4qhTqVnQFlrTpSMRpHJabxiW2uo4EGQ_N25JELQUeUZGHj4VDiJbbN8l6grzP_uEeUEA3UIC3aZePAlPQ","type":"fund","shared_rounds":1,"last_shared":"2021-06-10"},{"slug":"deerfield","name":"Deerfield","logo":"https://recentfunding.com/logo/e/_MDDvbJtRI--q6RQfnaKEZHSDfo0XeTrrudm8xa60NY-O8lbtze3Lw-RHazaWj4xDCHX4ktQ9X8to1Rocwg41Anahw6gZAwGqXFoaZ4Jsy91eyWhBMejblAMD1uFHd-P","type":"fund","shared_rounds":1,"last_shared":"2021-06-10"}],"meta":{"notice":"No API key: 10000 requests a day per client, then a 429. Get a free key with just an email: POST https://recentfunding.com/api/keys/new with the JSON body {\"email\": \"you@example.com\"} (or use the form at https://recentfunding.com/api-key/). The answer's \"key\" starts with rf_; send it on every request as the header \"Authorization: Bearer rf_...\" (X-API-Key: rf_... or ?api_key=rf_... also work).","get_key":"https://recentfunding.com/api-key/","create_key":{"method":"POST","url":"https://recentfunding.com/api/keys/new","body":{"email":"you@example.com"}},"send_key":"Authorization: Bearer rf_...","daily_limit":10000,"remaining_today":9884}}