Biotech

Torl Biotherapeutics

Torl Biotherapeutics raises $96M Series C at $500M valuation

$96M
Total Raised
Series C
Latest Round
2019
Founded
90+
Employees
Los Angeles, CA
1 min read

Quick Facts

Valuation
$500M
Latest Round Size
$96M
Latest Round Date
October 2025

Torl Biotherapeutics: Series C Funding Round

Torl Biotherapeutics has successfully raised $96M in Series C funding, reaching a valuation of $500M.

Company Overview

Antibody-based immunotherapies for cancer patients

Funding Details

The Series C round was led by Cormorant Asset Management, with participation from BVF Partners.

Company Information

  • Headquarters: Los Angeles, CA
  • Founded: 2019
  • Employees: 90+
  • Category: Biotech

Investment

Torl Biotherapeutics plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • Cormorant Asset Management: Verified investor in Series C
  • BVF Partners: Verified investor in Series C

Key Investors

Cormorant Asset Management
Lead Investor
Verified investor in Series C
BVF Partners
Investor
Verified investor in Series C

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources