Decheng Capital

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Leading Life Sciences Investment Firm

Established in 2012

$2 Billion of Capital

Delivering Outstanding Returns

Victor E. Tong, Jr., Partner

Mr. Victor E. Tong, Jr. is a Partner at Decheng Capital and has been with the firm since its inception.

Mr. Tong focuses on investments in biotechnology and medical technology companies in China and the US. He currently serves on the boards of Cellares, EpimAb Biotherapeutics, Harton Therapeutics, Hummingbird Bioscience, LevitasBio, Nalu Medical, Take2 and Watchmaker Genomics. Mr. Tong also served as Chairman at ReadCoor, which was acquired by 10X Genomics, and he previously served on the boards of Cirina (acquired by GRAIL), GeneWEAVE Biosciences (acquired by Roche), Sema4 (NASDAQ: SMFR) and SentreHEART (acquired by Atricure).

Prior to joining Decheng, Mr. Tong was a Principal at Bay City Capital, where he was instrumental in the incubation of Nevro (NYSE: NVRO) from medical device start-up to leader in pain management. Previously, he was an investment banker with Morgan Stanley, where he advised healthcare companies on initial public offerings and specialized in strategic advisory work. Prior to Morgan Stanley, Mr. Tong was an entrepreneur at Hana Biosciences (acquired by Spectrum Pharmaceuticals), where he was responsible for pipeline development, licensing and product launch for cancer products. Mr. Tong began his career participating in The Human Genome Project and its race to sequence the human genome as a research assistant at Incyte in 1999.

Mr. Tong is a graduate of the University of California, Berkeley, where he earned a BA degree in Molecular and Cell Biology and a BS degree in Business Administration from the Haas School of Business.

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Current Companies

  • Accuragen
  • Adela
  • Cellares
  • Cue Health (NASDAQ: HLTH)
  • EpimAb Biotherapeutics
  • GenapSys
  • Harton Therapeutics
  • Hummingbird Bioscience
  • LevitasBio
  • Mammoth Biosciences
  • Nalu Medical
  • Sema4 (NASDAQ: SMFR)
  • Shape Therapeutics
  • Take2
  • Watchmaker Genomics

Alumni Investments

  • 3SBio (1530.HK)
  • Adaptive Biotechnologies (NASDAQ: ADPT)
  • AK Medical (1789.HK)
  • Cellular Research (acquired by Becton Dickinson)
  • China Biologic Products (NASDAQ: CBPO)
  • Cirina (acquired by GRAIL)
  • GeneWEAVE Biosciences (acquired by Roche)
  • GenturaDx (acquired by Luminex)
  • Ion Torrent Systems (acquired by Life Technologies)
  • Nevro (NASDAQ: NVRO)
  • ReadCoor (acquired by 10X Genomics)
  • SentreHEART (acquired by Atricure)
  • Sino Medical (688108.SH)

  • Silicon Valley
  • Shanghai
  • New York