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Announced

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BVCF Management led a $15m Series A financing round in Cellenkos.

Financials

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Transaction Value£11m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Biotechnology

Private Equity

Completed

Single Bidder

Friendly

Minority

United States

Private

biotech

Acquisition

Domestic

Synopsis

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BVCF Management, a healthcare investment company, led a $15m Series A financing round in Cellenkos, a biotech company focused on developing transformative novel T regulatory (Treg) cell therapies to treat autoimmune and inflammatory disorders. "Cellenkos' innovative and transformative Treg cell therapy platform to address autoimmune and inflammatory disorders has the potential to significantly serve unmet patient needs. We are proud to lead the financing and support their groundbreaking efforts," Dr. Zhi Yang, BVCF Managing Partner.

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