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OrbiMed raises $3B across two new life sciences funds
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OrbiMed raises $3B across two new life sciences funds

Oct 15, 2026

Healthcare investment firm OrbiMed Advisors raised $3 billion across two new venture pools, including more than $1.9 billion for OrbiMed Private Investments X and over $1 billion for OrbiMed Asia Partners VI. The raise comes despite a broader market slowdown where U.S. healthcare venture fundraising reached $5.2 billion in the first half of 2026, far below 2025's $16 billion total, according to First Citizens Innovation Banking.

OrbiMed raises $3B for new funds

  • ▪OrbiMed Private Investments X raised more than $1.9 billion as OrbiMed Advisors' 10th U.S. and European venture fund, representing the firm's largest fund for venture investments in those territories
  • ▪Healthcare investment firm OrbiMed Advisors raised approximately $3 billion across two new healthcare venture funds, comprising over $1.9 billion for a U.S. and European pool and over $1 billion for an Asia fund
  • ▪OrbiMed Advisors secured its $3 billion capital raise following recent exits among its portfolio companies through initial public offerings and acquisitions
  • ▪OrbiMed Asia Partners VI raised over $1 billion as OrbiMed Advisors' sixth Asia venture pool, marking OrbiMed Advisors' largest fund dedicated to venture investments in the region

3 sources

The Wall Street Journal
OrbiMed Advisors Gets $3 Billion for Healthcare Venture Deals
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Endpoints
OrbiMed raises $3B in new life sciences funds, including $1B+ for Asia
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The Wall Street Journal
Exclusive | OrbiMed Banks $3 Billion for Two Healthcare Venture Funds
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