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Fuzhou Tuoxin Tiancheng Biotechnology

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Next-generation solid tumor CAR-T cell immunotherapies

ChinaFounded 2017Biotech & Life Sciences
Valuation $100–500M Latest valuation · 2025
Total funding $10–50M Disclosed equity funding
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About Fuzhou Tuoxin Tiancheng Biotechnology

Fuzhou Tuoxin Tiancheng Biotechnology Co., Ltd. (Tcelltech) is a clinical-stage biopharmaceutical company established in 2017, focusing on the development of innovative immunotherapies for solid tumors. The company was co-founded by Dr. Lieping Chen, a world-renowned tumor immunologist, and Dr. Gangxiong Huang, an expert in cell therapy. Tcelltech aims to overcome the challenges of treating solid tumors, such as high heterogeneity and immunosuppression, by developing a new generation of T-cell immunotherapy drugs.

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Tcelltech’s core business revolves around the research, development, and production of cell-based therapeutic technologies. The company's main product, TX-103, is an autologous CAR-T cell therapy that targets B7-H3, a protein found on various solid tumors. TX-103 has shown promising results in treating recurrent glioblastoma (rGBM), one of the most aggressive types of brain cancer. Clinical trials have indicated that TX-103 can significantly extend the survival of rGBM patients, who otherwise have a very poor prognosis. The therapy has received clinical trial approvals in both China and the United States and is currently undergoing multi-center international trials.

The company's business model is centered on the entire drug development process, from initial research and development to clinical-grade production, quality management, and clinical studies. Tcelltech serves biomedical research institutions and healthcare providers. The company has successfully raised significant capital to advance its clinical programs, including a Series B financing round of nearly $40 million in July 2025. This funding is being used to advance the clinical development of TX-103, support the research of other pipeline products, and expand the company's team and international presence.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2017
Headquarters
China
Open positions
None listed
Dealroom signal
18.7/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Oncology, Drug Development, Gene Therapy, Biotech and Pharma, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b
Links
Website

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Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BEquity / VC Jul 2025 $40M $160M Hetang Venture Capital Management (Beijing) · Industrial Guoxin Asset Management · SDIC Fund Management
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Investors

3 investors on the cap table

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

Series A3 investors entered at this stage

  • SDIC Fund Management
  • Hetang Venture Capital Management (Beijing)
  • Industrial Guoxin Asset Management
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Global footprint

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Workforce by country
🇨🇳 China HQ
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Market sentiment

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