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- EpimAb Biotherapeutics
EpimAb Biotherapeutics Funding, Investors & Competitors
EpimAb Biotherapeutics has raised $219M across 3 funding rounds, most recently a $120M Series C in March 2021.
Last EpimAb Biotherapeutics funding round
$120M
Series C · Mar 2021
Cumulative funding EpimAb Biotherapeutics raised
$219M
across 3 funding rounds
Key investors in EpimAb Biotherapeutics
Sherpa Healthcare Partners
Decheng Capital
SDIC Fund Management
Cormorant Asset Management
CMB International Capital Corporation
Oriza Seed Capital (Oriza Yuandian)
Hony Capital
3E Bioventures
About EpimAb Biotherapeutics
EpimAb Biotherapeutics is a San Diego-headquartered biopharmaceutical firm developing bispecific antibodies through its proprietary FIT-Ig platform. This technology fuses two Fab arms into a single molecule mimicking natural IgG structure to preserve developability properties like stability and manufacturability. The company advances programs targeting immuno-oncology indications, including EPIMAB-107 for solid tumors. Founded in 2018, EpimAb collaborates with BeiGene and has raised over $100 million in funding from investors such as Lilly Asia Ventures.
Founded
2015
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Licensing
Sectors
EpimAb Biotherapeutics Funding History
EpimAb Biotherapeutics has raised a total of $219M across 3 funding rounds.
EpimAb Biotherapeutics' first fundraising round was a $25M Series A in April 2017. The most recent completed round was a $120M Series C in March 2021.
EpimAb Biotherapeutics funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Mar 2021 | Series C | CMB International Capital Corporation (lead); MiraeAsset Financial Group (lead); SDIC Fund Management; Decheng Capital; Sherpa Healthcare Partners; Shangbay Capital; Octagon Capital Advisors; Hony Capital; Adrian Cheng; Yanchuang Capital; Cormorant Asset Management; Hidragon Capital | $120M | EpimAb Biotherapeutics, a Shanghai-based biotech company, completed a $120 million Series C financing round on March 22-23, 2021, co-led by CMB International Capital Corporation (China Merchants Bank International) and Mirae Asset Financial Group. Other investors included Adrian Cheng, Cormorant Asset Management, Decheng Capital, Hidragon Capital, Hony Capital, Octagon Capital Advisors, SDIC Fund Management, Shangbay Capital, Sherpa Healthcare Partners, and Yanchuang Capital. The round brought the company's total funding to over $220 million, following prior raises including a $74 million Series B and $25 million Series A. Proceeds were allocated to advance clinical programs, particularly EMB-01 (EGFR/cMET bispecific in Phase I/II in China and the U.S.), EMB-02 (PD-1/LAG-3 dual checkpoint inhibitor, FDA-cleared for U.S. trials), and EMB-06 (CD3/BCMA T-cell engager), while expanding the preclinical pipeline based on the proprietary FIT-Ig (Fabs-In-Tandem Immunoglobulin) platform for novel bispecific antibodies in oncology. Tony Rong from CMBI and Sungwon Song from Mirae joined the board. The company aimed for a pre-IPO round later in 2021 and IPO in early 2022, considering U.S. or Hong Kong listings to compete with bispecific players like Merus, Affimed, and RemeGen. EpimAb focuses on bispecific antibodies with global potential, emphasizing potency, low immunogenicity, and manufacturability. Separately, EpimAb licensed its FIT-Ig platform to Innovent Biologics for up to $120 million in milestones plus royalties for China rights. |
| Jun 2019 | Series B | SDIC Fund Management (lead); Sherpa Healthcare Partners (lead); South China Venture Capital | $74M | EpimAb Biotherapeutics is a Shanghai-based biopharmaceutical company specializing in bispecific antibodies for oncology and immunotherapy applications. The company developed a proprietary Fabs-In-Tandem Immunoglobulin technology platform designed to generate antibody-like bispecific molecules that are more potent, less immunogenic, and easier to manufacture than competing bispecific antibody technologies. In June 2019, EpimAb closed a $74 million Series B financing round co-led by SDIC Fund and Sherpa Healthcare Partners, with participation from SCVC and existing Series A investors including Oriza Seed Capital, Decheng Capital, 3E Bioventures Capital, and Trend Investment Group. This brought the company's total financing to more than $100 million. The Series B funding was intended to accelerate the company's transition to a mid-size enterprise, advance its clinical pipeline of bispecific antibody candidates, and progress its lead program EMB-01, an EGFR/cMET-targeted bispecific candidate, toward Phase II clinical trials for solid tumors. The company had initiated a Phase I/II clinical trial for EMB-01 in early 2019, with investigational new drug applications filed simultaneously in the U.S. and China in August 2018, evaluating the compound in approximately 60 patients. |
| Apr 2017 | Series A | Oriza Seed Capital (Oriza Yuandian) (lead); Trend Investment Group; Decheng Capital; 3E Bioventures | $25M | EpimAb Biotherapeutics is a Shanghai-based biopharmaceutical company founded in 2015 that specializes in developing bispecific antibody therapeutics. The company utilizes its proprietary FIT-Ig (Fabs-In-Tandem Immunoglobulin) platform to create bispecific molecules targeting immuno-oncology and other high-value therapeutic areas. Unlike competing platforms, the FIT-Ig technology retains full biological function of parental monoclonal antibodies without requiring Fc mutations, single-chain fragments, linkers, or peptide connectors. The company has validated its platform through early partnerships with biopharmaceutical companies in China and internationally. In April 2017, EpimAb completed a Series A financing round raising $25 million led by Oriza Seed Capital, with participation from Decheng Capital, 3E Bioventures Capital, and Trend Investment Group. The funding was intended to advance the company's proprietary bispecific platform technology, build a pipeline of therapeutic candidates, and support the initiation of the first clinical trial, with an IND submission anticipated for early 2018. Board observers joining from investors included Dr. Ning Li from Oriza Seed Capital and Dr. Min Cui from Decheng Capital, alongside existing board members Robert Kamen (former President of Abbott Bioresearch) and Founder/CEO Dr. Chengbin Wu. |
Who has invested in EpimAb Biotherapeutics?
16 investors have backed EpimAb Biotherapeutics across its funding rounds, including Sherpa Healthcare Partners, Decheng Capital, SDIC Fund Management, Cormorant Asset Management, CMB International Capital Corporation and Oriza Seed Capital (Oriza Yuandian).
Lead investors include CMB International Capital Corporation, MiraeAsset Financial Group, SDIC Fund Management, Sherpa Healthcare Partners and Oriza Seed Capital (Oriza Yuandian).
EpimAb Biotherapeutics Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Jun 2019 | ||
| 2 | Participant | Apr 2017 | ||
| 2 | Lead | Jun 2019 | ||
| 1 | Participant | Apr 2017 | ||
| 1 | Participant | Jun 2019 | ||
| 1 | Participant | Mar 2021 | ||
| 1 | Participant | Mar 2021 | ||
| 1 | Participant | Apr 2017 | ||
| 1 | Lead | Mar 2021 | ||
| 1 | Participant | Mar 2021 | ||
| 1 | Lead | Mar 2021 | ||
| 1 | Participant | Mar 2021 | ||
| 1 | Participant | Mar 2021 | ||
This data is available for Pro users. Sign up to see all 16 EpimAb Biotherapeutics 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 TrialEpimAb Biotherapeutics Competitors
EpimAb Biotherapeutics competitors include listed companies like Eli Lilly, Johnson & Johnson, AbbVie and Merck, and private ones like Biosplice Therapeutics and Biocon Biologics.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $65B | $28B | $1.0T | 13.1x | ||
| Publicly listed | $94B | $40B | $651B | 6.8x | ||
| Publicly listed | $61B | $17B | $467B | 8.1x | ||
| Publicly listed | $65B | $28B | $363B | 6.2x | ||
| Private | - | - | $12B | - | ||
| Private | $1.1B | - | $4.5B | 4.2x |
EpimAb Biotherapeutics Public Comps
EpimAb Biotherapeutics is still privately-owned, but its public comps include Eli Lilly, Johnson & Johnson, AbbVie, Merck, Roche, Novartis, AstraZeneca, Amgen, Novo Nordisk and Gilead Sciences.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $65B | $28B | 16.5x | 13.1x | 38.7x | 27.0x | |||
| $94B | $40B | 7.2x | 6.8x | 17.0x | 18.3x | |||
| $61B | $17B | 8.7x | 8.1x | 30.6x | 17.6x | |||
| $65B | $28B | 6.3x | 6.2x | 14.7x | 21.0x | |||
| $77B | $26B | 5.0x | 4.9x | 14.6x | 12.4x | |||
| $57B | $22B | 5.5x | 5.5x | 14.2x | 13.3x | |||
| $59B | $19B | 4.8x | 4.5x | 14.6x | 12.7x | |||
| $37B | $17B | 6.8x | 6.5x | 14.8x | 14.4x | |||
This data is available for Pro users. Sign up to see all EpimAb Biotherapeutics competitors and their valuation data. Start Free Trial | ||||||||
Common questions about EpimAb Biotherapeutics
| When was EpimAb Biotherapeutics founded? | EpimAb Biotherapeutics was founded in 2015. |
| Where is EpimAb Biotherapeutics headquartered? | EpimAb Biotherapeutics is headquartered in Shanghai, China. |
| Is EpimAb Biotherapeutics publicly listed? | No, EpimAb Biotherapeutics is a private, VC-backed company. |
| How much funding has EpimAb Biotherapeutics raised? | EpimAb Biotherapeutics has raised $219M across 3 funding rounds. |
| What was EpimAb Biotherapeutics' last funding round? | EpimAb Biotherapeutics' last funding round was a $120M Series C in March 2021, led by CMB International Capital Corporation and MiraeAsset Financial Group. |
| Who are EpimAb Biotherapeutics' investors? | EpimAb Biotherapeutics' investors include SDIC Fund Management, Decheng Capital, Sherpa Healthcare Partners, Trend Investment Group, South China Venture Capital, Shangbay Capital, Octagon Capital Advisors, 3E Bioventures, CMB International Capital Corporation, Hony Capital and 6 others. |
| Which companies are comparable to EpimAb Biotherapeutics? | Companies comparable to EpimAb Biotherapeutics include Eli Lilly, Johnson & Johnson, AbbVie, Merck, Biosplice Therapeutics and Biocon Biologics. |
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