FundedIQ
Biotechnology

Synnovation Therapeutics: Funding, Investors & Team (Sep 2026)

Synnovation Therapeutics is an oncology company that specializes in developing small molecule treatments designed to specifically target the underlying causes of cancers. With a strong emphasis on improving the lives of cancer patients, the company combines its extensive knowledge in medicinal chemistry, cancer biology, and patient-centric precision medicine to create a variety of innovative targeted therapies. The ultimate mission is to expedite these treatments into clinical trials with the purpose of revolutionizing cancer care.

www.synnovationtx.com LinkedIn Wilmington, United States 11-50 employees
Biotechnology Health Care Life Science Medical Oncology B2C
Total raised
$40.0M
Rounds
2
Latest
Undisclosed round
Dec 2023

Synnovation Therapeutics has raised $40.0M across 2 funding rounds on record, the most recent an undisclosed round of $15.0M announced in Dec 2023.

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

Synnovation Therapeutics Company Profile and Key Stats

Total funding raised
$40.0M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$15.0M in Dec 2023
Employees
11-50
reported band
Headquarters
Wilmington, United States

Latest funding round on record: Dec 2023.

Synnovation Therapeutics Funding Rounds

Date
Round
Amount
Undisclosed round
$15.0M
Undisclosed round
$25.0M

Synnovation Therapeutics raised $25.0M in an undisclosed round announced in May 2023.

7 months later, an undisclosed round of $15.0M was announced in Dec 2023.

Synnovation Therapeutics Founders and Leadership Team

Name
Role
Contact
Wenqing Yao
Founder

No contact details are on record for this team yet.

Synnovation Therapeutics Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,183
$8.0M
29,981
$7.5M

Synnovation Therapeutics' latest round of $15.0M is above the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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Synnovation Therapeutics Funding FAQs

What does Synnovation Therapeutics do?

Synnovation Therapeutics is an oncology company that specializes in developing small molecule treatments designed to specifically target the underlying causes of cancers. With a strong emphasis on improving the lives of cancer patients, the company combines its extensive knowledge in medicinal chemistry, cancer biology, and patient-centric precision medicine to create a variety of innovative targeted therapies. The ultimate mission is to expedite these treatments into clinical trials with the purpose of revolutionizing cancer care.

How much funding has Synnovation Therapeutics raised?

Synnovation Therapeutics has raised $40.0M across 2 rounds on record. The most recent is an undisclosed round of $15.0M announced in Dec 2023.

When did Synnovation Therapeutics last raise funding?

Synnovation Therapeutics' most recent funding round on record is an undisclosed round of $15.0M, announced in Dec 2023.

Who founded Synnovation Therapeutics?

FundedIQ lists Wenqing Yao (Founder) at Synnovation Therapeutics.

Where is Synnovation Therapeutics headquartered?

Synnovation Therapeutics is based in Wilmington, Delaware, United States.

How many employees does Synnovation Therapeutics have?

Synnovation Therapeutics is in the 11-50 employee band.

How does Synnovation Therapeutics' funding compare to other Biotechnology startups?

Synnovation Therapeutics' latest round of $15.0M is above the $8.0M median round size for Biotechnology companies on FundedIQ across 4,183 tracked companies over the last two years.

About FundedIQ's Synnovation Therapeutics 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 Synnovation Therapeutics is left off this page rather than filled in.

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