Bayer's impact investment arm returned for the round's $45m second close, as Triumvera looks to progess its solid tumour therapeutic candidate.

Leaps by Bayer, the impact corporate venturing arm of pharmaceutical and chemicals group Bayer, helped US-headquartered cancer therapeutics developer Triumvira Immunologics expand its series A round to $100m yesterday.

The $45m extension also featured Multiple Myeloma Research Foundation’s venture philanthropy subsidiary as well as B Capital Group, Atem Capital, Myeloma Investment Fund, Northpond Ventures and undisclosed other investors.

Triumvira is working on non-gene edited autologous and allogeneic T cell medications designed to leverage the biology of T cells to treat…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.