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CorreGene

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Offers cancer patients effective treatments by engineering patients’ T cells with optimized TCR

ChinaFounded 2016Biotech & Life Sciences
Valuation $50–100M Last recorded · 2022
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for CorreGene and the history behind them.

About CorreGene

Beijing CorreGene Biotechnology Co., Ltd. is a clinical-stage biotechnology firm established in 2016 by a group of Peking University alumni, including its founder and CEO, Dr. Xingwang Xie. Dr. Xie brings nearly two decades of experience in oncology and tumor immunology research from his time at Peking University People's Hospital and Peking University Hepatology Institute. CorreGene is focused on developing therapeutics based on T-cell receptors (TCRs) for treating solid tumors, chronic infections, and autoimmune diseases.

The company's core technology is a proprietary platform named SMART-TCR, which is designed to significantly improve the efficiency and success rate of TCR discovery and affinity optimization. This technology underpins CorreGene's dual-platform approach, which encompasses both TCR-T cell therapies (a form of adoptive cell transfer) and soluble TCR-based protein therapeutics known as TCR bispecifics (TCR-TCEs). This dual capability allows the company to develop treatments with different mechanisms of action. TCR-T therapies involve engineering a patient's own T-cells to recognize and fight cancer, noted for their potential efficacy in solid tumors, while TCR bispecifics are off-the-shelf protein drugs designed to engage T-cells to attack target cells.

CorreGene's business model is centered on the research, development, and eventual commercialization of these novel therapies. The company operates in the biopharmaceutical market, specifically within the cell and gene therapy sector. Its revenue generation will likely depend on the successful progression of its products through clinical trials, regulatory approval, and subsequent sales or licensing agreements with larger pharmaceutical partners. The company is actively advancing its pipeline, with several first-in-class drug candidates in development. These include a TCR-T cell therapy targeting the KRAS-G12 mutation, a significant oncogene, and what is described as the world's first TCR bispecific therapeutic targeting HPV infectious diseases. The company has initiated Investigator-Initiated Trials (IIT) for two of its TCR-T products and has received regulatory approval for clinical trials.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2016
Headquarters
China
Employees
27
Open positions
None listed
Dealroom signal
40.5/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Spinout, Biotech and Pharma, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEED✓Equity / VC Oct 2022 $14M $56M River Head Capital · Longmen Capital · Xinrui Investment ↗
SPINOUT✓Other financing Jan 2016 $0 — Peking University —
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Growth signals

CorreGene website traffic

Latest recorded traffic for CorreGene is 1.7K monthly website visits, up 109.9% over the last three months. CorreGene's team grew 0% over the past year.

Latest monthly visits1.7K 3-month web change+109.9% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

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

Investors

4 investors on the cap table

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

Seed3 investors entered at this stage

  • River Head Capital
  • Xinrui Investment
  • Longmen Capital

Other known investors1 additional known investor

  • Peking University
Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
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
2 countries with
team presence
🇨🇳 China90%
🇺🇸 United States10%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about CorreGene 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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