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New Deal


Announced

Completed

Immunocore raised $130m in a Series B financing round led by General Atlantic.

Financials

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Transaction Value£101m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Venture Capital

United Kingdom

Friendly

Private Equity

biotechnology company

Minority

Completed

Biotechnology

Private

Single Bidder

Synopsis

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Immunocore, a privately owned British clinical-stage biotechnology company, raised $130m in a Series B financing round led by General Atlantic. Other new investors participating in this round include CCB International, JDRF T1D Fund, Rock Springs Capital, Terra Magnum Capital Partners and WuXi AppTec. "We are extremely pleased that General Atlantic is leading our Series B round and welcome them, along with our new investors, to Immunocore. This new funding – from an international cadre of health care investors joined by some of our existing shareholders – represents a further endorsement of our unique and powerful platform technology, our novel class of TCR-based biologic therapies, the accomplished scientists at Immunocore and our mission to transform the lives of people with serious diseases," Bahija Jallal, Immunocore Chief Executive Officer and Director.

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