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Immatics raises €53.8mm through Series C round

Executive Summary

Immatics biotechnologies GMBH (therapeutic cancer vaccines) raised €53.8mm ($70.4mm) through its Series C round. Over half of the money came from returning investors including dievini Hopp Biotech Holding (now immatics' largest shareholder), Wellington Partners, and others, with additional participation from new buyers AT Impf GMBH and funds advised by MIG. Proceeds will be used to initiate Phase III renal cell carcinoma trials with immatics' lead cancer vaccine IMA901. Including the Series C round, the ten-year-old company has now raised over €100mm.
Deal Industry
  • Biotechnology
    • Drug Discovery Tools
      • Bioinformatics
      • Genomics-Proteomics
  • Pharmaceuticals
    • Vaccines
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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