Atem Capital: Triumvira Immunologics completes extension of Series A financing to USD100m

Triumvira Immunologics completes extension of Series A financing to USD100m Submitted 18/03/2022 - 9:23am Triumvira Immunologics (Triumvira), a clinical-stage company developing novel, targeted autologous and allogeneic T cell therapeutics that co-opt the natural biology of T cells to treat patients with solid tumours, has completed an extension of its Series A financing, bringing the total round to approximately USD100 million. The Series A extension featured new investors, including significant participation from B Capital Group, along with ATEM Capital, the Myeloma Investment Fund, the Multiple Myeloma Research Foundation's venture philanthropy subsidiary, and others, joined by significant participation from existing investors, Leaps by Bayer, the impact investment unit of Bayer AG, and Northpond Ventures. The proceeds of the financing will support the continued preclinical and clinical development of Triumvira's T cell Antigen Coupler (TAC)-T cell therapy programs. Triumvira's proprietary TAC receptor, a multi-domain chimeric molecule, interacts directly with the natural T cell receptor to uniquely help T cells recognise and eliminate tumour cells. Like this article? Sign up to our free newsletter Author Profile Related Topics Deals Intelligence