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Status
ACTIVE
Global HQ
Shanghai, China
Countries of investment
  • China
  • United States
  • Singapore
  • Japan
  • South Korea
  • India
  • Australia
Investment stages
  • Seed
  • Series A
  • Series B
  • Series C
  • Growth
Industries
  • Biopharmaceuticals
  • Therapeutics
  • Medical Devices
  • Diagnostics
  • Life Sciences
  • Healthcare
About
Lilly Asia Ventures is a Shanghai-based biomedical venture capital firm originated in 2008 as a corporate venture subsidiary of Eli Lilly, spun off as an independent investment management company in 2011. With approximately $4.5 billion in AUM and offices in Shanghai, Hong Kong, and Palo Alto, LAV invests in biopharmaceuticals, medical technologies, and diagnostics from seed through publicly traded stages across Asia and the United States.
Min check size
$5M
Max check size
$30M
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NPS

Investment Thesis

Lilly Asia Ventures focuses on becoming the trusted partner for exceptional entrepreneurs seeking smart capital to build great companies developing breakthrough products that treat diseases and improve human health. The thesis leverages deep biomedical resources and global connections.
Lead investor
Co Invest
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Manager's Experience

Lilly Asia Ventures is led by Founder and Managing Partner Yi Shi, with a team of over 50 distinguished professionals across science, medicine, investment, and operations. The firm originated in 2008 as a corporate venture subsidiary of Eli Lilly and spun off as an independent investment management company in 2011. The partners bring deep expertise in preclinical and clinical development, regulatory know-how, and market insights, supported by a large network of scientific advisors and a portfolio that includes 1 unicorn and IPOs such as Alector, ArriVent, and Insilico.

Lilly Asia Ventures Contacts Information

Primary contact

Secondary contact

Team

Yi Shi - Founder Managing Partner

Judith Li - Partner

Yi Lin - Partner

Nisa Leung - Managing Partner

Fred Hassan - Senior Advisor

Portfolio

Alector

ArriVent

Insilico Medicine

Innovent Biologics

Betta Pharmaceuticals

CARsgen

Sonoma Pharmaceuticals

TriApex

Pulnovo Medical

Kumquat Biosciences

Syneron

Pinnacle Medicines

Aikelian Biotechnology

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