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BioTroy

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First-in-class antibody therapies for cancer and immunological disorders

ChinaBiotech & Life Sciences
Valuation $100–250M Last recorded · 2025
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for BioTroy and the history behind them.

About BioTroy

BioTroy is a clinical-stage biopharmaceutical company developing therapies for cancer and immunological disorders. Founded in 2019 by Dr. Jie Xu, a senior researcher in translational oncology and oncoimmunotherapy, the company is headquartered in Shanghai, China. Dr. Xu's research into cancer immune evasion and immune checkpoint pathways forms the scientific foundation of the company.

The company's business model centers on the discovery and development of 'first-in-class' drugs, focusing on original tumor immunotherapy targets. It utilizes its proprietary 'BioTroy Engine' platform, which integrates multi-omics analysis, functional biology, and antibody engineering to identify and validate novel therapeutic targets. This platform has produced several discoveries, including the company's leading assets, BT01 and BT02. BT02, a monoclonal antibody, has received Investigational New Drug (IND) clearance from both the U.S. FDA and China's NMPA and is advancing into clinical trials for solid tumors.

BioTroy serves patients with cancer, particularly those with tumors unresponsive to existing PD-1/PD-L1 inhibitors. The company operates in the competitive biotechnology and cancer immunotherapy market. It generates value through the development and potential commercialization of its drug pipeline, backed by a global intellectual property portfolio covering its discoveries. BioTroy has secured significant funding, raising over RMB 150 million (~$21 million USD) from investors including Shanghai Healthcare Capital, Lapam Capital, and Pudong Capital to support its research and development activities.

Source: Dealroom company data

At a glance

Status
Operational
Headquarters
China
Open positions
None listed
Dealroom signal
16.5/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Antibodies, Cell Therapy
Business model
Manufacturing
Client focus
b2b
Links
Website

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Jun 2025 $28M $138M Longpan Investment · Cowin Venture · Shanghai Pudong Venture Capital · SHC Shanghai Biomedical Fund ↗
SEED✓Equity / VC Mar 2023 $14M $55M Xintong Capital · Cowin Venture · Kaifeng Venture Capital · Shanghai Biomedicine Fund ↗
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Growth signals

BioTroy website traffic

Latest recorded traffic for BioTroy is 250 monthly website visits.

Latest monthly visits250
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

9 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed5 investors entered at this stage

  • DART Ventures
  • Xintong Capital
  • Cowin Venture
  • Kaifeng Venture Capital
  • Shanghai Biomedicine Fund

Series A4 investors entered at this stage

  • Longpan Investment
  • Shanghai Pudong Venture Capital
  • SHC Shanghai Biomedical Fund
  • Shanghai STVC Group
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Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇳 China HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about BioTroy on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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