Home Drimmunity (Tcelltech) Secures $40 Million Series B Financing to Advance B7-H3 CAR-T Therapy TX-103 in Global Clinical Development

Drimmunity (Tcelltech) Secures $40 Million Series B Financing to Advance B7-H3 CAR-T Therapy TX-103 in Global Clinical Development

Jul 15, 2025 15:37 CST Updated 15:37
TusPark Ventures

Investment Institutions in the Field of Technological Innovation

Tcelltech

Developer of Immuno-oncology and Cell Therapy Drugs

On July 15, 2025, Drimmunity / Tcelltech (Fuzhou Tuoxin Tiancheng Biotechnology Co., Ltd.), a clinical-stage biopharmaceutical company focusing on the development of solid tumor immunotherapies, announced today the completion of a nearly US$40 million Series B financing round. This round was led by SDIC Capital, with participation from a well-known insurance capital and TusPark Ventures, and strong support from Industrial Guoxin Asset Management Co., Ltd., Fuzhou Mindu Talent Fund, and other institutions. Chenglin Capital served as the exclusive financial advisor for this financing.

The proceeds of this round of financing will be mainly used to support the clinical development of the company's core pipeline TX-103 in China and the United States, the research and development of other pipeline projects, the expansion of the global team, and the acceleration of the company's international strategic layout and the advancement of BD cooperation.

Fuzhou Tuoxin Tiancheng Biotechnology Co., Ltd. was co-founded by Professor Chen Lieping, a pioneer in tumor immunology, and Professor Huang Gangxiong, an expert in immune cell therapy. It is an innovative biopharmaceutical company that focuses on the development of T-cell immunotherapy products. The company has built a professional team covering the entire drug development process, including R&D, production and registration, quality management, and clinical research, committed to developing innovative immunotherapies to meet significant unmet medical needs and bring new hope to more cancer patients.