May 11, 2026

CellCentric Funding: CellCentric Raises $220M for a ‘transformative’ multiple myeloma medicine

CellCentric

Investment raised

USD 220m

Valuation

Stage

Region

🏆 Deal of the Week · CW 19/2026

CellCentric raised USD 220 million in a Series D round; the company's valuation was not disclosed. The round was led by Venrock.

CellCentric — key deal facts

Company CellCentric
Founded 2003
Headquarters Cambridge, United Kingdom
Amount raised USD 220m
Valuation Valuation Remains Undisclosed
Round Series D
Investors The round was led by Venrock
Sectors BioTech, Biotechnology

Who invested in CellCentric?

The Series D was led by Venrock, a long-established life sciences and technology venture firm. The involvement of a dedicated biotech investor of Venrock's profile signals conviction in CellCentric's clinical programme at a pivotal Phase II stage.

What does CellCentric do?

CellCentric is a clinical-stage biotechnology company headquartered in Cambridge, United Kingdom, at Chesterford Research Park. Founded in 2003 and later spun out of the University of Cambridge, the company focuses on oncology therapeutics. Its lead asset, inobrodib, is a first-in-class oral p300/CBP inhibitor currently in Phase II clinical trials for the treatment of multiple myeloma and other cancers. CellCentric's mission is to transform outcomes for cancer patients through the targeted clinical development of inobrodib.

CellCentric valuation & multiples

CellCentric operates at the intersection of biotechnology and pharmaceuticals, developing innovative therapeutic solutions across the oncology space. Based on European benchmarks for Q1 2026, comparable biotechnology and pharmaceutical businesses trade at EV/Sales multiples of 3.61x to 4.99x and EV/EBITDA multiples of 17.86x to 20.68x. Investors seeking deeper context on sector valuation can explore the full biotechnology and pharmaceutical multiples pages on DealMatrix.

Explore the benchmarks: Series D.

Frequently asked questions

How much did CellCentric raise in its Series D?

CellCentric raised USD 220 million in its Series D round.

What is CellCentric's valuation?

CellCentric's valuation was not disclosed in connection with this Series D financing.

Who invested in CellCentric?

The Series D round was led by Venrock.

When was CellCentric founded and where is it based?

CellCentric was founded in 2003 and is headquartered in Cambridge, United Kingdom.

Source: original announcement — read the full report.

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