Tech Company Financing Transactions

Tessa Therapeutics Funding Round

Tessa Therapeutics closed a $126 million Series A funding round on 6/9/2022. Investors included Polaris Partners, Edbi and Heliconia Capital Management.

Transaction Overview

Company Name
Announced On
6/9/2022
Transaction Type
Venture Equity
Amount
$126,000,000
Round
Series A
Proceeds Purpose
This financing will be instrumental to helping us achieve several key near-term milestones, including the initiation of a pivotal clinical trial of our TT11 program and advancement of our TT11X program.

Company Information

Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
8 Temasek Boulevard, #24-02 Suntec Tower 3
Singapore, 038988
Singapore
Email Address
Overview
Tessa Therapeutics is a clinical-stage biotechnology company developing a portfolio of novel next-generation cell therapies for cancer. Tessa is leading the way in CD30 targeting using cell therapy. CD30 is a well validated lymphoma target with homogenous expression in Classical Hodgkin Lymphoma and multiple subsets of non-Hodgkin Lymphomas. Tessa's approach to target CD30-positive cancers using CAR-T (Chimeric Antigen Receptor) cells has demonstrated excellent safety and efficacy in early clinical trials. Having received the RMAT and PRIME designation, Tessa is now advancing the therapy to a pivotal trial.
Profile
Tessa Therapeutics LinkedIn Company Profile
Social Media
Tessa Therapeutics Company Twitter Account
Company News
Tessa Therapeutics News
Facebook
Tessa Therapeutics on Facebook
YouTube
Tessa Therapeutics on YouTube

Management Team

Title
Name
Email & Social
Chairman
Göran Ando
  Göran Ando LinkedIn Profile  Göran Ando Twitter Account  Göran Ando News  Göran Ando on Facebook
Chief Executive Officer
John Ng
  John Ng LinkedIn Profile  John Ng Twitter Account  John Ng News  John Ng on Facebook
Chief Financial Officer
Wilson Cheung
  Wilson Cheung LinkedIn Profile  Wilson Cheung Twitter Account  Wilson Cheung News  Wilson Cheung on Facebook
Chief Medical Officer
Ivan Horak
  Ivan Horak LinkedIn Profile  Ivan Horak Twitter Account  Ivan Horak News  Ivan Horak on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/9/2022: SuperTeam Games venture capital transaction
Next: 6/9/2022: Backbase venture capital transaction

 

Share this article

 


News on VC Transactions

We do our best to report on every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary