Tubulis’ €60 Million Series B Financing Round

CMS advised Tubulis on the deal, Baker McKenzie advised Andera Partners, Evotec and Fund+ on the deal.

Biotech company Tubulis has successfully completed a Series B round of financing worth EUR 60 million.

Three new investors, Andera Partners, Evotec SE and Fund+, joined the round. All the existing investors, including Bayern Kapital, BioMedPartners, coparion, High-Tech Gründerfonds and Seventure Partners, also took part in this Series B financing round.

The new capital will be used to advance Tubulis’ proprietary pipeline of antibody drug conjugates (ADCs) towards clinical evaluation as well as to introduce programmes addressing a range of solid tumour indications. The proceeds will also enable the company to deliver the therapeutic potential of ADCs through innovation of novel payload classes and identification of new cancer targets.

The CMS team included Stefan-Ulrich Müller (Picture), Lead Partner, Munich; Sebastian Hummel, Associate, Munich; Matthias Unger, Associate, Munich, all Corporate/Venture Capital; Stefan Lüft, Partner, Munich; Annika Lindemann, Senior Associate, Munich, both Intellectual Property; Stefan Lehr, Partner, Frankfurt/Main, Competition & EU; Dr Benedikt Forschner, Counsel, Munich, Labor, Employment & Pensions.

The Baker Mckenzie team included Julia Braun, LL.M. (partner, Munich), Berthold Hummel (partner, Munich), Julia Rossie (associate, Munich), Julia Schieber (senior associate, Zurich), Alexander Ehrle, Kimberley Fischer (both associates, Berlin), Matthias Köhler (partner, Berlin) and Kerstin Schmiedel (associate, Berlin).

Involved fees earner: Julia Braun – Baker McKenzie; Alexander Ehrle – Baker McKenzie; Kimberley Fischer – Baker McKenzie; Berthold Hummel – Baker McKenzie; Matthias Köhler – Baker McKenzie; Julia Rossié – Baker McKenzie; Julia Schieber – Baker McKenzie; Kerstin Schmiedel – Baker McKenzie; Benedikt Forschner – CMS Hasche Sigle; Sebastian Hummel – CMS Hasche Sigle; Stefan Lehr – CMS Hasche Sigle; Annika Lindemann – CMS Hasche Sigle; Stefan Lüft – CMS Hasche Sigle; Stefan-Ulrich Müller – CMS Hasche Sigle;

Law Firms: Baker McKenzie; CMS Hasche Sigle;

Clients: Andera Partners; Evotec AG; Fund+; Tubulis GmbH;

Federica Tiefenthaler

Author: Federica Tiefenthaler