Product Reports Resources Pricing Login Book a demo

Connect Biopharmaceuticals

Biotech & Life Sciences · Suzhou Shi, China · Founded 2012

Connect Biopharmaceuticals, Ltd. is a clinical-stage company that discovers MoreLess

Connect Biopharma is a global clinical-stage biopharmaceutical company focused on creating innovative therapies for chronic inflammatory diseases driven by T cell biology. The company operates in key markets including China, the United States, Australia, and Europe, leveraging its expertise in functional cellular assays with T cells to discover and develop potent drug candidates. Connect Biopharma's business model revolves around the internal design and ownership of small molecules and antibodies, which are then advanced through clinical trials. Revenue is generated through the development and potential commercialization of these therapies, targeting conditions such as atopic dermatitis. The company serves patients suffering from chronic inflammatory diseases, aiming to improve their quality of life through cutting-edge medical research and development.

Keywords: T cell biology, chronic inflammatory diseases, biopharmaceutical, clinical-stage, small molecules, antibodies, atopic dermatitis, global operations, drug discovery, clinical trials.

Company overview

Connect Biopharmaceuticals company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2012
Headquarters
Suzhou Shi, China
Employees
Open positions
None listed
Dealroom signal
61.0
client focusb2bsub industryPharmaceuticalsub industryBioTechnologybusiness modelManufacturingindustryHealthsectorBiotechnologysectorAutoimmunesectorInflammatory DiseasessectorBiotech and PharmasectorHard TechsectorDT and LSsectorscience-based

Valuation & funding

Connect Biopharmaceuticals funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
PRIVATE PLACEMENT VCOther financing Mar 2026 $0 Panacea Venture
IPOOther financing Mar 2021 $191M $191M Undisclosed
SERIES COther financing Aug 2020 $115M $460M Lilly Asia Ventures · Boxer Capital · Qiming Venture Partners · RA Capital Management
SERIES BOther financing Jan 2019 $55M $220M Qiming Venture Partners · Advantech Capital · NLVC · Cowin Capital
SERIES AOther financing Jan 2017 $20M $80M NLVC · Cowin Capital · Qiming Venture Partners
SEEDOther financing Nov 2016 Cowin Capital
Showing 6 recorded eventsUnlock the complete deal history →

Financials

Revenue, earnings and profit over time

Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.

YearRevenueGrowthEBITDAMargin
2026 $64K 0% −$57M -89640.6%
2025 $64K -99.8% −$57M -89640.6%
2024 $26M −$22M -83.7%
2023 $0 −$61M
2022 $0 −$105M
2021 $0 −$179M
2020 $0 −$106M
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

Connect Biopharmaceuticals website traffic

Latest recorded traffic for Connect Biopharmaceuticals is 2.9K monthly website visits, down 85.5% over the last three months.

Latest monthly visits2.9K 3-month web change-85.5%
Monthly website visits99 observations · Feb 2018–Jul 2026
Hover or focus a point to see its exact monthly valueCompare with peers →

Comparisons

Connect Biopharmaceuticals compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

CompanyHeadquartersStatusEmployeesTotal fundingValuation
Landos BiopharmaA clinical stage biopharmaceutical company focused on the development of first-in-class therapeutics for patients with autoimmune disease Ashtabula, United States Acquired $87M $43M
Legacy HealthcareBiopharma developing innovative botanical drugs in supportive oncology care and dermatology Epalinges, Switzerland Operational
Can-Fite BioPharmaA biopharmaceutical company with fully integrated pharmaceutical discovery and clinical development capabilities Petah Tikva, Israel Operational
Viela BioClinical-stage biotechnology company pioneering and advancing treatments for severe inflammation and autoimmune diseases Gaithersburg, United States Acquired
Enlivex TherapeuticsEnlivex Therapeutics Ltd, a cell immunotherapy company, develops autologous and allogeneic drugs for the treatment of autoimmune and inflammatory conditions that involve overexpression or hyperexpression of cytokines Jerusalem, Israel Operational
Topas TherapeuticsHarnessing the liver’s natural immunology capabilities to address areas of major unmet medical need Hamburg, Germany Operational
Enthera PharmaceuticalsDeveloping first-in-class biologics for several underserved autoimmune conditions Milan, Italy Operational
CitryllDevelops therapeutics targeting the neutrophil extracellular trap (NET) pathway to treat inflammatory diseases, with its lead antibody, CIT-013, in clinical trials for rheumatoid arthritis and hidradenitis suppurativa Oss, Netherlands Operational
Showing 8 of the closest matchesCompare every metric →

Talent graph

Connect Biopharmaceuticals's talent

Book a demo to see the people
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

8 investors on Connect Biopharmaceuticals's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 1 investor entered at this stage
Cowin Capital
Series A 3 investors entered at this stage
Qiming Venture Partners
NLVC
Advantech Capital
Series B+ 3 investors entered at this stage
RA Capital Management
Lilly Asia Ventures
Boxer Capital
Other known 1 additional known investor
Panacea Venture

Global footprint

Where Connect Biopharmaceuticals has talent and traffic

Workforce by country
🇨🇳 China · Suzhou Shi HQ
Book a demo for the full country breakdown

In the news

Latest news about Connect Biopharmaceuticals

Recent press, funding announcements, and product moves mentioning Connect Biopharmaceuticals — open to read from the original sources.

See all news

Market sentiment

What the market is saying about Connect Biopharmaceuticals

An AI-synthesized read of the highest-engagement posts about Connect Biopharmaceuticals on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See Connect Biopharmaceuticals’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.