UTEC has returned to co-lead a $14m funding round for ImmunoScape, which will use the money to bolster its presence in Singapore and the US.

ImmunoScape, a Singapore-based immunonics platform developer spun out of the Agency for Science, Technology and Research (A*Star), pocketed $14m in a funding round co-led by University of Tokyo Edge Capital Partners (UTEC) yesterday. Anzu Partners and EDBI, the investment arm of the Economic Development Board of Singapore, co-led the round. ImmunoScape is working on a deep immunomics platform that can provide reproducible immune profiling information. The technology can be used to better understand the safety and efficacy of immunotherapies and to identify drug targets. The latest cash injection will enable ImmunoScape to grow its headcount in Singapore to support in-house R&D activities and external partnerships. The money will also help it double down on expansion plans in the US, including building out a laboratory in San Diego. Nori Kurokawa, a partner at UTEC, said: “Since the series A financing led by UTEC, ImmunoScape has made remarkable progress. “Their numerous collaborations with prominent academic institutions and biopharma companies have demonstrated that their proprietary immunomics platform can bring novel clinical insights to immune oncology and infectious diseases. “UTEC is delighted to work with ImmunoScape, Anzu Partners and EDBI to transform clinical insights into novel immuno-therapies.” ImmunoScape secured $11m in its series A round in August 2020 from UTEC, Anzu and undisclosed backers. UTEC had reportedly already injected $2.4m at an undisclosed date.  

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Thierry Heles

Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).