New investors Tencent and BGF joined by all existing major shareholders
Funds will advance pipeline of novel TCR-CD3 bispecifics in cancer and autoimmune disease
13 November 2025; Cambridge, England, T-Therapeutics, a biotechnology company developing next-generation T cell receptor (TCR) therapeutics for cancer and autoimmune disease, today announces the successful expansion of its Series A financing, raising a further $32 million. Following the initial $59 million raised, this brings the Series A total to date to $91 million.
New investors Tencent and BGF joined the Series A syndicate, alongside all existing major shareholders Sofinnova Partners, F-Prime, Digitalis Ventures, Cambridge Innovation Capital, Sanofi Ventures and the University of Cambridge Venture Fund.
T-Therapeutics will use the additional proceeds to drive its pipeline of first-in-class TCR-CD3 bispecifics across oncology and autoimmune diseases towards the clinic, including the further exploration of new therapeutic strategies such as T cell subset depletion. T-Therapeutics' lead asset in oncology exploits a pan-tumour driver target, applicable across multiple different solid tumour types. Its lead immunology programme is a pan-autoimmune bispecific designed for precision immune reset, achieved by the selective ...
