FundedIQ
Biotechnology

AdvanCell: Funding, Investors & Team (Sep 2026)

AdvanCell is a company that focuses on developing innovative cancer treatments using alpha-emitting isotopes attached to molecules, which can deliver targeted radiation to tumors at the molecular level. This approach enables healthcare providers to offer safe and efficient treatment options for various types of cancer.

advancell.com.au LinkedIn Sydney, Australia 11-50 employees Founded 2019
Biotechnology Clinical Trials Oncology Pharmaceutical
Total raised
$438M
Rounds
3
Latest
Series D
Jul 2026

AdvanCell has raised $438M across 3 funding rounds on record, the most recent a Series D of $315M announced in Jul 2026.

That round is above the $8.0M median round size for Biotechnology companies tracked on FundedIQ over the last two years.

AdvanCell Company Profile and Key Stats

Total funding raised
$438M
across 3 rounds on record
Funding rounds on record
3
Latest funding round
Series D
$315M in Jul 2026
Employees
11-50
reported band
Founded
2019
Headquarters
Sydney, Australia
Investors on record
22
5 named below

Latest funding round on record: Jul 2026.

AdvanCell Funding Rounds

Date
Round
Amount
Series D
$315M
Undisclosed round
$11.3M
Series C
$112M

AdvanCell raised $112M in a Series C announced in Feb 2025.

2 months later, an undisclosed round of $11.3M was announced in Apr 2025.

1.3 years later, a Series D of $315M was announced in Jul 2026.

AdvanCell Investors

Eli Lilly Alpha Wave Global Fidelity Sanofi Ventures Catalio Capital Management

22 investors are recorded in total; the 5 named above are those the record identifies.

AdvanCell Founders and Leadership Team

Name
Role
Contact
Philina Lee
Chief Executive Officer
Locked
Andrew Adamovich
Founder
Locked

Contact details for the AdvanCell team: 2 of 2 have an email address on file, 1 has a LinkedIn profile.

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AdvanCell Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,179
$8.0M
1,156
$4.0M
760
$90M

AdvanCell's latest round of $315M is above the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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AdvanCell Funding FAQs

What does AdvanCell do?

AdvanCell is a company that focuses on developing innovative cancer treatments using alpha-emitting isotopes attached to molecules, which can deliver targeted radiation to tumors at the molecular level. This approach enables healthcare providers to offer safe and efficient treatment options for various types of cancer.

How much funding has AdvanCell raised?

AdvanCell has raised $438M across 3 rounds on record. The most recent is a Series D of $315M announced in Jul 2026.

When did AdvanCell last raise funding?

AdvanCell's most recent funding round on record is a Series D of $315M, announced in Jul 2026.

Who has invested in AdvanCell?

Investors on record for AdvanCell include Eli Lilly, Alpha Wave Global, Fidelity, Sanofi Ventures, Catalio Capital Management. FundedIQ records 22 investors in total.

Who founded AdvanCell?

FundedIQ lists Andrew Adamovich (Founder) at AdvanCell.

Who is the CEO of AdvanCell?

Philina Lee is listed as Chief Executive Officer at AdvanCell.

Where is AdvanCell headquartered?

AdvanCell is based in Sydney, New South Wales, Australia.

How many employees does AdvanCell have?

AdvanCell is in the 11-50 employee band.

When was AdvanCell founded?

AdvanCell was founded in 2019.

How does AdvanCell's funding compare to other Biotechnology startups?

AdvanCell's latest round of $315M is above the $8.0M median round size for Biotechnology companies on FundedIQ across 4,179 tracked companies over the last two years.

About FundedIQ's AdvanCell Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for AdvanCell is left off this page rather than filled in.

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