.
MergerLinks Header Logo

New Deal


Announced

Completed

Vida Ventures and Leaps by Bayer led a $175m funding round in Affini-T Therapeutics.

Financials

Edit Data
Transaction Value£132m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Acquisition

Minority

United States

Domestic

Venture Capital

Friendly

biotechnology company

Private

Completed

Private Equity

Biotechnology

Synopsis

Edit

Vida Ventures, a next-generation life sciences investment firm, and Leaps by Bayer, a venture capital company, led a $175m funding round in Affini-T Therapeutics, a developer of therapeutics platform, with participation from Humboldt Fund, The Parker Institute for Cancer Immunotherapy, Catalio Capital Management, Agent Capital, Alexandria Venture Investments, Erasca Ventures and Fred Hutchinson Cancer Research Center. “By targeting oncogenic drivers like mutated KRAS, we strike at the core genetic mutations that enable tumors to grow and spread. Our differentiated platform combines highly active TCRs with unique synthetic biology, allowing us to pioneer novel therapeutic approaches intended to eradicate solid tumors. With proven management, an unparalleled founding team of scientific innovators and leaders in immunology and cellular engineering, we look forward to bringing life-changing medicines to patients in need," Jak Knowles, Affini-T Therapeutics Co-Founder, President and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US