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Sherpa Healthcare Partners

Suite 1501, China World Office 1, 1 Jian Guo Men Wai Avenue, Chaoyang District, Beijing, 100004, China

Overview

Investment firm specializing in Pharma and Biotech industries.

Founded

2018

Deals · 12mo

3

Links

WebsiteLinkedIn

Stage focus

Series A
Series B
Series C

Geographic focus

China
United States

Sector focus

Biotechnology
Pharmaceutical
Venture Capital

Investment portfolio

23rounds
NAMEDATESIZE
Link Cell Therapies
Sep 2026Participated
$30 MSeries A
Avisi Technologies
Feb 2026Participated
$11 MSeries A
Spiro Medical
Jan 2026Led
$67 MSeries A
PAQ Therapeutics
May 2025Participated
$39 MSeries B
ZWI Therapeutics, Inc.
Jan 2024Participated
$10 MSeries A
GRIT Biotechnology
Sep 2023Participated
$60 MSeries B
Neukio Biotherapeutics
Sep 2022Participated
$50 MSeries A
Leadsynbio
Mar 2022Led
$63 MSeries C
Hong Kong Asia Heart Centre
Feb 2022Participated
$400 MSeries D
Fuse Biotherapeutics
Nov 2021Participated
$10 MSeed
BAKX Therapeutics
Nov 2021Participated
$25 MSeries A
Alamar Biosciences
Sep 2021Led
$80 MSeries B
Link Cell Therapies
Sep 2026Participated
$30 MSeries A
Avisi Technologies
Feb 2026Participated
$11 MSeries A
Spiro Medical
Jan 2026Led
$67 MSeries A
PAQ Therapeutics
May 2025Participated
$39 MSeries B
ZWI Therapeutics, Inc.
Jan 2024Participated
$10 MSeries A
GRIT Biotechnology
Sep 2023Participated
$60 MSeries B
Neukio Biotherapeutics
Sep 2022Participated
$50 MSeries A
Leadsynbio
Mar 2022Led
$63 MSeries C
Hong Kong Asia Heart Centre
Feb 2022Participated
$400 MSeries D
Fuse Biotherapeutics
Nov 2021Participated
$10 MSeed
BAKX Therapeutics
Nov 2021Participated
$25 MSeries A
Alamar Biosciences
Sep 2021Led
$80 MSeries B
23
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Insights

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Deal Distribution

Sherpa Healthcare Partners: 23 funding rounds are recorded in the selected participation categories.All available history.
Sherpa Healthcare Partners: 23 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed01
Series A26
Series B36
Series C+14

Monthly Deal Activity

Sherpa Healthcare Partners: 23 deals are recorded across 94 months.All available history.
Sherpa Healthcare Partners: 23 deals are recorded across 94 months. All available history
MonthDeals
Jan '191
Feb '190
Mar '190
Apr '190
May '190
Jun '191
Jul '190
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '201
Jun '200
Jul '200
Aug '200
Sep '201
Oct '200
Nov '200
Dec '200
Jan '211
Feb '210
Mar '211
Apr '211
May '212
Jun '210
Jul '212
Aug '210
Sep '211
Oct '210
Nov '212
Dec '210
Jan '220
Feb '221
Mar '221
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '221
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '231
Oct '230
Nov '230
Dec '230
Jan '241
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '251
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '261
Feb '261
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '261
Oct '260

Sector Breakdown

Sherpa Healthcare Partners: Health & Life Sciences is the largest displayed sector by deal count (23 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Sherpa Healthcare Partners: Health & Life Sciences is the largest displayed sector by deal count (23 deals). All available history
SectorDeals
Health & Life Sciences23
Manufacturing2
Travel & Hospitality1
Space & Frontier Tech1
Consumer & Lifestyle1

Deal Size Distribution

Sherpa Healthcare Partners: 23 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Sherpa Healthcare Partners: 23 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M0
$5M-$10M1
$10M-$25M3
$25M-$50M5
$50M-$100M10
$100M-$250M3
$250M-$500M1
$500M-$1B0
$1B+0

Deals By Geography

Sherpa Healthcare Partners: China has the largest recorded deal count among the displayed regions (12 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

Sherpa Healthcare Partners: China has the largest recorded deal count among the displayed regions (12 deals). All available history
RegionDeals
China12
United States10
Hong Kong1
Sherpa Healthcare Partners: 20 co-investors are shown, with Lilly Asia Ventures sharing 4 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Sherpa Healthcare Partners: 20 co-investors are shown, with Lilly Asia Ventures sharing 4 recorded deals. All available history
Co-investorShared deals
Lilly Asia Ventures4
Hongshan Capital Group (Sequoia Capital China)3
Matrix Partners China3
Cormorant Asset Management2
Decheng Capital2
Huagai Capital2
IDG Capital2
Johnson & Johnson Innovation2
Loyal Valley Capital2
MRL Ventures Fund2
Samsara BioCapital2
SDIC Fund2
3E Bioventures Capital1
3H Health Investment1
5Y Capital1
8VC1
AB Magnitude Ventures Group1
Accanto Partners1
Andera Partners1
Ascendis Pharma1

Investment Strategy

Sherpa Healthcare Partners: Led accounts for 26% and participating for 74% of round participation.All available history.
Sherpa Healthcare Partners: Led accounts for 26% and participating for 74% of round participation. All available history
CategoryDeals (count)Share (%)
Led626%
Participating1774%
Sherpa Healthcare Partners: Single-lead accounts for 50% and co-led for 50% of lead dynamics.All available history.
Sherpa Healthcare Partners: Single-lead accounts for 50% and co-led for 50% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead350%
Co-led350%

Team

Darren Cai

Founder & Managing Partner

He Zhu

Vice President

Ouyang Xiangyu

Co-Founder & Managing Partner

Shi Yina

Managing Director

Xiangyu Ouyang

Co-Founder/Managing Partner

Yuedan Chen

Investment Associate

Zhenyu (Luke) Zhang

Vice President