# Tessa Therapeutics Pte

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tessa-therapeutics-pte

- Industry: Biotechnology
- Headquarters: Singapore, Singapore
- Website: www.tessatherapeutics.com
- Total disclosed funding: $126M
- Latest round: Series A (Jun 9, 2022)
- Investors on record: 5

## About

Based in Singapore, Tessa Therapeutics Pte Ltd. is involved in the development of innovative cell therapies aimed at addressing unmet medical needs in oncology and other serious diseases.Tessa Therapeutics Pte Ltd. focuses on developing advanced cell therapies. The company was founded in 2001 in Singapore and has undergone various strategic initiatives throughout its history. The firm has a notable history of five deals, with its latest round being a GRANT of SGD 0.100 mn received from Cytiva Software on June 30, 2023, contributing to a total of SGD 126.000 mn raised.Tessa Therapeutics Pte Ltd. specializes in cell therapies designed for cancer treatment. The company's innovative approaches aim to harness the body's immune system to effectively combat cancer cells. Their product portfolio includes several investigational therapies currently in clinical trials, addressing various types of malignancies to enhance patient outcomes.In the fiscal year 2021, Tessa Therapeutics Pte Ltd. reported an EBITDA of SGD -70,940,135.7, indicating the firm's ongoing investment in research and development to bolster its innovative product offerings.As of June 30, 2023, Tessa Therapeutics Pte Ltd. discontinued its operations and therefore does not have active future growth plans or product launches. The cessation of operations suggests a strategic pivot away from their previous business model.

## Funding rounds

- Series A, Jun 9, 2022, $126M — Temasek Holdings, Polaris Partners, SG Growth Capital, Heliconia Capital Management, Octave Capital

## Investors

- Temasek Holdings — Series A
- Polaris Partners (https://capitalatlas.ai/funds/polaris-partners) — Series A
- SG Growth Capital (https://capitalatlas.ai/funds/sg-growth-capital) — Series A
- Heliconia Capital Management (https://capitalatlas.ai/funds/heliconia-capital-management) — Series A
- Octave Capital (https://capitalatlas.ai/funds/octave-capital) — Series A