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I-Mab closes $220mm Series C round

Executive Summary

I-Mab Biopharma raised $220mm in its Series C venture round. Hony Capital led and was joined by Hillhouse Capital, HOPU Investments, CDH Investment, Ally Bridge Group, EDBI, C-Bridge Capital, and Tasly Capital. The company is developing immuno-oncology and immuno-inflammatory disease treatments, and will use the proceeds to support preclinical and clinical development of the over ten projects in its pipeline.
Deal Industry
  • Biotechnology
    • Large Molecule
      • Antibodies
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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