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New Deal


Announced

Completed

Triwise Capital led a $131m in Series B round in Immune-Onc Therapeutics.

Financials

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Transaction Value£108m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Cross Border

Private

Minority

Acquisition

Single Bidder

Venture Capital

United States

Private Equity

Biotechnology

Completed

biotechnology company

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Synopsis

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Triwise Capital, an investment firm, led a $131m in Series B round in Immune-Onc Therapeutics, a clinical-stage cancer immunotherapy company, with participation from Proxima Ventures and Wuxi Biologics. "Immune-Onc had an incredible year of growth and development with two myeloid-checkpoint inhibitor programs progressing in the clinic in the US and China for multiple types of cancer where great unmet needs remain. We are confident in the long-term growth prospects for Immune-Onc and believe that our progress this past year provides a compelling foundation for continued success in 2023," Charlene Liao, Immune-Onc Founder and CEO.

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