Cytovant Valuation, Funding & Investors

Cytovant is valued at $3.3B as of April 2020.

Last Cytovant valuation

$3.3B

Undisclosed stage · Apr 2020

Last Cytovant funding round

$24M

Undisclosed stage · Apr 2020

Cumulative funding Cytovant raised

$24M

across 1 funding round

Key investors in Cytovant

  • Mirae Asset Venture Investment
  • Smilegate Investment
  • POSCO Venture Capital
  • BNH

Cytovant Overview

About Cytovant

Cytovant is a biopharmaceutical company developing cellular therapeutics including modified T-cell receptors and dendritic cell vaccines targeting tumor antigens. The firm advances therapies to enhance immune recognition and destruction of cancer cells in solid and hematologic malignancies.


Founded

2019

HQ

ChinaShanghai

Status

Privately held

Customer focus

B2B

Revenue model

Licensing

Valuation

$3.3B (Apr 2020)

Cytovant Valuation

Cytovant is currently valued at $3.3B, based on its undisclosed-stage round in April 2020.

The $24M round was led by BNH, with participation from POSCO Venture Capital, Smilegate Investment and Mirae Asset Venture Investment.

Cytovant valuation by funding round

Cytovant valuation by funding round
DateStageValuation
Apr 2020Undisclosed stage$3.3B

Cytovant Funding History

Cytovant has raised a total of $24M across 1 funding round.

Cytovant funding rounds

Cytovant funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Apr 2020Undisclosed stageBNH (lead); POSCO Venture Capital; Smilegate Investment; Mirae Asset Venture Investment$24M$3.3BCytovant Sciences Technology Co Ltd (Cytovant) is a Shanghai-based biopharmaceutical company developing cell therapies for cancers. Cytovant has a Hong Kong subsidiary, Cytovant Sciences HK Limited, incorporated around March 29, 2019. In March 2020, it raised US$23.5 million in a financing round led by South Korea-based BNH Investment, with participation from Mirae Asset Venture Investment, Smilegate Investment Inc, and others including POSCO Venture Capital. The deal valued the company at around US$3.25 billion.

Who has invested in Cytovant?

4 investors have backed Cytovant across its funding rounds, including Mirae Asset Venture Investment, Smilegate Investment, POSCO Venture Capital and BNH.

Lead investors include BNH.


Cytovant Investors

Investors in Cytovant by funding rounds participated
InvestorHQRoundsRoleFirst check
POSCO Venture CapitalSouth KoreaPohang1ParticipantApr 2020
Smilegate InvestmentSouth KoreaSeongnam1ParticipantApr 2020

This data is available for Pro users. Sign up to see all 4 Cytovant investors.

Start Free Trial

Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.

Start Free Trial

Cytovant Competitors

Cytovant competitors include listed companies like Arcus Biosciences, Hypera, Jiangsu Nhwa and Denali Therapeutics, and private ones like Sinovac Life Sciences and NewLimit.

Public and private companies comparable to Cytovant
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Arcus BiosciencesUnited StatesUnited StatesPublicly listed$247M($376M)$3.3B21.1x
HyperaBrazilBrazilPublicly listed$1.5B$430M$3.2B2.6x
Jiangsu NhwaChinaChinaPublicly listed$881M$202M$3.3B2.9x
Denali TherapeuticsUnited StatesUnited StatesPublicly listed-($541M)$3.2B91.5x
Sinovac Life SciencesChinaBeijingPrivate--$3.3B-
NewLimitUnited StatesSan Francisco, CAPrivate--$3.1B-

Cytovant Public Comps

Cytovant is still privately-owned, but its public comps include Arcus Biosciences, Hypera, Jiangsu Nhwa, Denali Therapeutics, Arcutis Biotherapeutics, Hebei Changshan, Dyne Therapeutics, Walvax Biotechnology, Tianjin Pharma and Tasly.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Arcus Biosciences$247M($376M)10.8x21.1x(7.1x)(6.5x)
Hypera$1.5B$430M2.9x2.6x10.2x8.3x
Jiangsu Nhwa$881M$202M3.1x2.9x13.5x13.3x
Denali Therapeutics-($541M)-91.5x(4.7x)(5.2x)
Arcutis Biotherapeutics$376M($6M)8.5x6.5x(501.3x)42.3x
Hebei Changshan$130M($28M)27.0x-(123.7x)-
Dyne Therapeutics-($468M)--(5.8x)(4.5x)
Walvax Biotechnology$361M$73M9.0x10.8x44.5x36.9x

This data is available for Pro users. Sign up to see all Cytovant competitors and their valuation data.

Start Free Trial

Common questions about Cytovant

When was Cytovant founded?Cytovant was founded in 2019.
Where is Cytovant headquartered?Cytovant is headquartered in Shanghai, China.
Is Cytovant publicly listed?No, Cytovant is a private, VC-backed company.
What is Cytovant's valuation?Cytovant was last valued at $3.3B in its undisclosed-stage round in April 2020.
How much funding has Cytovant raised?Cytovant has raised $24M across 1 funding round.
What was Cytovant's last funding round?Cytovant's last funding round was a $24M undisclosed-stage round in April 2020, led by BNH.
Who are Cytovant's investors?Cytovant's investors include POSCO Venture Capital, Smilegate Investment, Mirae Asset Venture Investment and BNH.
Which companies are comparable to Cytovant?Companies comparable to Cytovant include Arcus Biosciences, Hypera, Jiangsu Nhwa, Denali Therapeutics, Sinovac Life Sciences and NewLimit.

See companies similar to Cytovant

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial