HomeSectorLife SciencesBelgium: Full-Life Technologies raises US$150m to advance clinical stage assets

Belgium: Full-Life Technologies raises US$150m to advance clinical stage assets

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Full-Life Technologies, a clinical stage radiotherapeutics company with operations in Belgium, Germany, and China, has raised US$150m led by Vivo Capital. Vivo was joined in the financing package, consisting of  US$109m in Series D equity and US$41m in debt, by Full-Life’s strategic partner SK Biopharmaceuticals and Chengwei Capital, HSG, Junson Capital, Plaisance, Sky9 Capital, Yunion, as well as other shareholders.

Proceeds will be used to advance the company’s clinical stage assets, including [225Ac]-FL-020 for prostate cancer and [225Ac]-FL-261 for multiple solid tumour indications. By year-end 2026, Full-Life expects to have three differentiated clinical stage programmes. The financing will also facilitate the initiation of GMP-grade 225Ac manufacturing at the company’s plant in Belgium.

Full-Life completed a US$77m financing in September 2025 (US$50m Series C equity and US$27m) debt led by Junson Capital. In 2024, it raised US$63.3m (US$47.3m in Series B equity financing and US$16m debt) led by Prosperity7 Ventures, and in 2022, it completed a US$37m Series A led by Sequoia China. 

Press release: Full-Life Technologies Announces US$150 Million Financing to Accelerate Multiple Clinical Stage Assets and Manufacturing Capabilities-Press Releases-From Half-Life to Full-Life.

Nick Herbert
Nick Herbert
Nick Herbert has over 30 years’ experience in the financial markets, as both a practitioner and journalist. He started work as an investment banker in London, before joining International Financing Review (IFR) to report on debt capital markets and derivatives. He moved to Singapore in 2000 to manage IFR’s financial markets editorial team throughout Asia, before returning to London in 2009 to take up the position of Publisher for Reuters Capital Markets Publications. For the last five years he has been covering global capital markets, ESG finance and healthcare markets on a freelance basis.
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