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IMRF

800 Commerce Dr, Oak Brook, IL, 60523, United States

Overview

IMRF offers retirement, disability, and death benefits to the employees of local governments and school districts in Illinois.

Total investments
1
Lead investments
0
Investments · 12mo
0
Active investors
1

Sector focus

  • Financial Services
  • Professional Services
  • Retirement
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Investment portfolio

  • Orca Bio

    Participated · Series D · Jun 2020

    Orca Bio builds single-cell–precision manufacturing technology to create personalized T-cell therapies designed to replace a patient’s diseased blood and immune system. Its lead product, Orca-T, is an investigational allogeneic T-cell immunotherapy approaching an April 6, 2026 PDUFA target action date and is being positioned for commercial launch. The company is also advancing Orca-Q, a second-generation therapy, and has opened new Phase 2 and expanded Phase 1b trials to study both products in reduced-intensity and nonmyeloablative conditioning settings. To support commercialization, Orca Bio is expanding manufacturing beyond its Sacramento facility to a planned East Coast site. Financially, the company has added $250 million in new equity capital across its two most recent rounds and amended a Silicon Valley Bank credit facility that now provides up to $100 million in additional liquidity. These resources are intended to fund launch readiness and continued clinical development as the firm seeks to broaden access to curative cell therapies.

Team

  • Angela Miller-May

    Chief Investment Officer

    LinkedIn