Zentera Therapeutics Valuation, Funding & Investors

Zentera Therapeutics is valued at $900M as of August 2021.

Last Zentera Therapeutics valuation

$900M

Series B · Aug 2021

Last Zentera Therapeutics funding round

$75M

Series B · Aug 2021

Cumulative funding Zentera Therapeutics raised

$95M

across 2 funding rounds

Key investors in Zentera Therapeutics

  • OrbiMed
  • Tybourne Capital Management
  • Lilly Asia Ventures
  • Casdin Capital
  • Perceptive Advisors
  • Viking Global Investors

Zentera Therapeutics Overview

About Zentera Therapeutics

Zentera Therapeutics is a biopharmaceutical company focused on novel therapies for unmet medical needs. San Diego-based Zentera advances preclinical and clinical programs in oncology and immunology.


Founded

2020

HQ

ChinaShanghai

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Valuation

$900M (Aug 2021)

Zentera Therapeutics Valuation

Zentera Therapeutics is currently valued at $900M, based on its Series B in August 2021.

The $75M round was led by OrbiMed and Tybourne Capital Management, with participation from Avidity Partners, Redmile Group, Casdin Capital, Logos Capital, Lilly Asia Ventures and 4 other investors.

Zentera Therapeutics valuation by funding round

Zentera Therapeutics valuation by funding round
DateStageValuation
Aug 2021Series B$900M

Zentera Therapeutics Funding History

Zentera Therapeutics has raised a total of $95M across 2 funding rounds.

Zentera Therapeutics' first fundraising round was a $20M Series A in May 2020. The most recent completed round was a $75M Series B in August 2021.

Zentera Therapeutics funding rounds

Zentera Therapeutics funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Aug 2021Series BOrbiMed (lead); Tybourne Capital Management (lead); Avidity Partners; Redmile Group; Casdin Capital; Logos Capital; Lilly Asia Ventures; Farallon Capital Management; Viking Global Investors; Surveyor Capital; Perceptive Advisors$75M$900MZentera Therapeutics is a clinical-stage biopharmaceutical company headquartered in Shanghai, China, focused on developing oncology therapeutics. Established as a joint venture by Zentalis Pharmaceuticals in May 2020 with $20 million, it aims to advance cancer therapies for the Chinese market while maintaining high-quality clinical trials and scientific standards. The company specializes in molecular therapeutics targeting biological pathways in solid and liquid tumors, addressing unmet medical needs. On August 2, 2021, Zentera closed a $75 million Series B financing round, bringing total funding to $95 million across two rounds. The round was led by founding investors OrbiMed Advisors Asia and Tybourne Capital Management, with participation from Avidity Partners, Casdin Capital, Farallon Capital Management, Lilly Asia Ventures, Logos Capital, Perceptive Advisors, Redmile Group, Surveyor Capital (a Citadel company), and Viking Global Investors. Proceeds are designated to advance three Zentalis-discovered oncology clinical candidates, including a WEE1 inhibitor for solid tumors (similar to PARP inhibitors), an oral selective estrogen receptor degrader for ER+/HER2- breast cancer, and a third preclinical asset expected to enter the clinic by year-end. Funds will also support business development for in-licensing products from outside China and expanding the in-house pipeline. At the time of the Series B, Zentera had advanced its first two candidates into clinical trials, secured multiple CTA approvals, and grown its team of scientists and researchers. LXL Capital estimated the company's valuation in the range of $675 million to $900 million. The company eyed a potential public offering in Hong Kong in 2022 to further its independence and global ambitions in delivering oncology drugs. Zentera operates under the leadership of Dr. Anthony Sun, who serves as CEO for both Zentera and Zentalis Pharmaceuticals, enabling strategic alignment while allowing Zentera to function independently rather than as a subsidiary.
May 2020Series AOrbiMed (lead); Tybourne Capital Management (lead)$20M-Zentera Therapeutics is a Shanghai-based biopharmaceutical company spun off as a joint venture by Zentalis Pharmaceuticals in May 2020 to develop and commercialize oncology therapies, specifically small molecule cancer drugs like Zn-c5 for breast cancer, in the Chinese market. Zentalis, focused on small molecule oncology drugs, established Zentera to advance at least three product candidates discovered by Zentalis for China, retaining a majority stake post-funding. Anthony Sun, CEO of Zentalis, also serves as CEO of Zentera, emphasizing the strategic importance of China as the second-largest pharmaceutical market. The Series A round on May 20-22, 2020, raised $20 million, led by Tybourne Capital Management and co-led by OrbiMed Asia (a fund of OrbiMed), with proceeds earmarked for developing and commercializing three cancer therapies in China, including building a local management team of oncology experts. This followed Zentalis' $165 million IPO in April 2020 and prior $162 million in funding. Zentera's pipeline includes a WEE1 inhibitor for solid tumors (similar to PARP inhibitors like Lynparza), an oral selective estrogen receptor degrader for ER+/HER2- breast cancer, and a third preclinical asset from Zentalis planned for clinical trials. The structure as a joint venture allows Zentera independence while Zentalis controls clinical quality. In August 2021, Zentera raised a $75 million Series B from OrbiMed, Tybourne, Avidity Partners, Casdin Capital, and others including Farallon, Lilly Asia Ventures, Logos Capital, Perceptive Advisors, Redmile Group, Surveyor Capital, and Viking Global Investors, to advance these assets and eye a 2022 Hong Kong listing, with potential to in-license external oncology products.

Who has invested in Zentera Therapeutics?

11 investors have backed Zentera Therapeutics across its funding rounds, including OrbiMed, Tybourne Capital Management, Lilly Asia Ventures, Casdin Capital, Perceptive Advisors and Viking Global Investors.

Lead investors include OrbiMed and Tybourne Capital Management.


Zentera Therapeutics Investors

Investors in Zentera Therapeutics by funding rounds participated
InvestorHQRoundsRoleFirst check
Tybourne Capital ManagementHong KongHong Kong2LeadMay 2020
OrbiMedUnited StatesNew York City, NY2LeadMay 2020
Avidity PartnersUnited StatesDallas, TX1ParticipantAug 2021
Redmile GroupUnited StatesSan Francisco, CA1ParticipantAug 2021
Casdin CapitalUnited StatesNew York City, NY1ParticipantAug 2021
Logos CapitalUnited StatesSan Francisco, CA1ParticipantAug 2021
Lilly Asia VenturesChinaShanghai1ParticipantAug 2021
Farallon Capital ManagementUnited StatesSan Francisco, CA1ParticipantAug 2021
Viking Global InvestorsUnited StatesStamford, CT1ParticipantAug 2021

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Zentera Therapeutics Competitors

Zentera Therapeutics competitors include listed companies like Inventiva, Lepu Biopharma and Lexicon Pharmaceuticals, and private ones like CellCentric, Curegene and Spiber.

Public and private companies comparable to Zentera Therapeutics
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
CellCentricUnited KingdomCambridgePrivate--$900M-
CuregeneChinaShanghaiPrivate--$900M-
SpiberJapanTsuruokaPrivate--$900M-
InventivaFranceFrancePublicly listed$5M($369M)$902M102.8x
Lepu BiopharmaChinaChinaPublicly listed$139M$56M$902M7.1x
Lexicon PharmaceuticalsUnited StatesUnited StatesPublicly listed$50M($48M)$903M18.7x

Zentera Therapeutics Public Comps

Zentera Therapeutics is still privately-owned, but its public comps include Inventiva, Lepu Biopharma, Lexicon Pharmaceuticals, Eczacıbaşı İlaç, Avalo Therapeutics, MedinCell, TchaikaPharma, Immix Biopharma, Theravance and Ardelyx.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Inventiva$5M($369M)136.5x102.8x(1.9x)(4.2x)
Lepu Biopharma$139M$56M6.9x7.1x17.0x-
Lexicon Pharmaceuticals$50M($48M)15.5x18.7x(16.0x)(12.5x)
Eczacıbaşı İlaç$203M$76M4.6x-12.3x-
Avalo Therapeutics$59K($82M)8381.6x29416.2x(6.0x)-
MedinCell$22M($28M)38.3x24.4x(31.2x)(85.9x)
TchaikaPharma$38M$6M23.9x-163.1x-
Immix Biopharma-($30M)--(22.9x)(16.5x)

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Common questions about Zentera Therapeutics

When was Zentera Therapeutics founded?Zentera Therapeutics was founded in 2020.
Where is Zentera Therapeutics headquartered?Zentera Therapeutics is headquartered in Shanghai, China.
Is Zentera Therapeutics publicly listed?No, Zentera Therapeutics is a private, VC-backed company.
What is Zentera Therapeutics' valuation?Zentera Therapeutics was last valued at $900M in its Series B in August 2021.
How much funding has Zentera Therapeutics raised?Zentera Therapeutics has raised $95M across 2 funding rounds.
What was Zentera Therapeutics' last funding round?Zentera Therapeutics' last funding round was a $75M Series B in August 2021, led by OrbiMed and Tybourne Capital Management.
Who are Zentera Therapeutics' investors?Zentera Therapeutics' investors include Tybourne Capital Management, OrbiMed, Avidity Partners, Redmile Group, Casdin Capital, Logos Capital, Lilly Asia Ventures, Farallon Capital Management, Viking Global Investors, Surveyor Capital and 1 other.
Which companies are comparable to Zentera Therapeutics?Companies comparable to Zentera Therapeutics include CellCentric, Curegene, Spiber, Inventiva, Lepu Biopharma and Lexicon Pharmaceuticals.

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