F-star is a UK-based clinical-stage biopharmaceutical company pioneering bispecific antibodies for cancer immunotherapy. Founded in 2006 in Vienna and later headquartered at the Babraham Research Campus near Cambridge, UK, F-star developed its proprietary Modular Antibody Technology platform, which introduces additional antigen-binding sites into the constant region (Fcab) of an antibody to create tetravalent bispecifics. The company's pipeline focused on next-generation checkpoint inhibitors including FS118 (LAG-3/PD-L1) and FS222 (CD137/PD-L1). After a 2020 reverse merger with Spring Bank Pharmaceuticals took it public on NASDAQ under the ticker FSTX, F-star was acquired in March 2023 by invoX Pharma, a UK subsidiary of China's Sino Biopharmaceutical, for approximately $161 million and delisted.
F-star has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2006
Total Funding
$23.5M
1 rounds
Total raised $23.5M across 1 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Series B
Date
April 13, 2011
Amount
$23.5M
Valuation
—
Lead Investors
Eliot Forster
Former President & CEO
Darlene Deptula-Hicks
Former CFO
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Xencor
Public clinical-stage biotech using its XmAb engineering platform to develop bispecific antibodies for oncology and autoimmune disease.
Zymeworks
Clinical-stage biotech with Azymetric and EFECT bispecific antibody platforms; lead asset zanidatamab targets HER2-expressing cancers.
MacroGenics
Biopharma developing Fc-optimized antibodies and DART/TRIDENT bispecific platforms for oncology.
Merus
Dutch biotech developing Biclonics full-length common-light-chain bispecific antibodies for cancer.
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