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Carolyn Ng, Partner and Managing Director at TPG

Carolyn Ng

Partner and Managing Director @ TPG

Singapore, Singapore

Carolyn Ng is a Series B investor at TPG in Singapore focused on Biotechnology and Health Care. Dr. Carolyn Ng is the Partner and Managing Director of TPG. She also holds a BS (Pharmacy) (First Class Honours) degree from the National University of Singapore.

Total investments:
8
Last investment:
Lead investor:
25%

Last updated:

Industries Carolyn Ng invests in

BiotechnologyHealth CareLife ScienceTherapeuticsBiopharma

Stages Carolyn Ng invests in

Series BSeries CSeries ASeries D

Countries Carolyn Ng invests in

United StatesDenmark

Investment Focus

Industry

  • Biotechnology 5 (63%)
  • Health Care 4 (50%)
  • Life Science 2 (25%)
  • Therapeutics 2 (25%)
  • Biopharma 1 (13%)
See all 6 industries →

Stage

  • Series B 2 (25%)
  • Series C 2 (25%)
  • Series A 1 (13%)
  • Series D 1 (13%)

Country

  • United States 4 (50%)
  • Denmark 1 (13%)

Investments

CompanyDescriptionRoundLinks
ADCendo ADCendo
ADCendo ApS is a biotech company dedicated to developing new types of anti-cancer drugs. We focus on antibody-drug conjugates (ADCs) directed at novel targets, that have been found to be overexpressed by several cancer forms, that are all characterized by a significant unmet need for novel treatment. $75M / Series C / Apr 14, 2026
Odyssey Therapeutics Odyssey Therapeutics
Odyssey Therapeutics is a biotechnology company pioneering the efficient development of next-generation immunomodulators and oncology medicines. Odyssey is making a transformational impact on the field of drug discovery and is accelerating the path to clinical development to drive the creation of more effective precision medicines. $213M / Series D / Sep 10, 2025
ADCendo ADCendo
ADCendo ApS is a biotech company dedicated to developing new types of anti-cancer drugs. We focus on antibody-drug conjugates (ADCs) directed at novel targets, that have been found to be overexpressed by several cancer forms, that are all characterized by a significant unmet need for novel treatment. $135M / Series B / Nov 25, 2024
ADCendo ADCendo
ADCendo ApS is a biotech company dedicated to developing new types of anti-cancer drugs. We focus on antibody-drug conjugates (ADCs) directed at novel targets, that have been found to be overexpressed by several cancer forms, that are all characterized by a significant unmet need for novel treatment. $135M / Series B / Nov 25, 2024
Bicara Therapeutics Bicara Therapeutics
Bicara Therapeutics, a wholly-owned subsidiary of Biocon based in Boston, U.S., is developing a pipeline of bifunctional antibodies that exploit the recent advances in immuno-oncology. Bicara enables access to the thriving innovation ecosystem in the U.S. which accelerates the development of cutting-edge therapies for cancer. Synergies between thescientific teams in Boston and Bengaluru will pioneer rapid and cost-effective breakthrough innovation. $165M / Series C / Dec 12, 2023
MBrace Therapeutics MBrace Therapeutics
MBrace Therapeutics is a privately held biopharmaceutical business dedicated to improving cancer patients' quality of life by developing antibody-drug conjugates (ADCs) against novel oncology targets. $85M / Series B / Nov 14, 2023
Twentyeight-Seven Therapeutics Twentyeight-Seven Therapeutics
Twentyeight-Seven Therapeutics is a developer of microRNAs designed to target regulatory proteins.The company's modulating RNA which are short non-coding RNAs that inhibit target gene expression by suppressing mRNA translation and promoting mRNA decay and develop small molecules that can modulate levels of miRNAs by targeting proteins thatinteract with these miRNAs, enabling users to target miRNAs are directly involved in cancer initiation, progression, and metastasis. $15M / Series A / May 09, 2019
Twentyeight-Seven Therapeutics Twentyeight-Seven Therapeutics
Twentyeight-Seven Therapeutics is a developer of microRNAs designed to target regulatory proteins.The company's modulating RNA which are short non-coding RNAs that inhibit target gene expression by suppressing mRNA translation and promoting mRNA decay and develop small molecules that can modulate levels of miRNAs by targeting proteins thatinteract with these miRNAs, enabling users to target miRNAs are directly involved in cancer initiation, progression, and metastasis. $65M / Series A / Sep 06, 2018

Co-Investors

TPG

About TPG

VC Fund · San Francisco, United States

TPG offers a diverse range of services, including asset management, telecommunications, and cultural exchange programs. The firm manages investments across various sectors, focusing on innovative strategies to optimize returns. In telecommunications, TPG provides internet and mobile plans tailored to consumer needs, ensuring connectivity for users.Additionally, TPG facilitates cultural exchange by connecting certified English-speaking teachers with educational institutions, promoting cultural diversity in classrooms. This multifaceted approach allows TPG to address the needs of different markets while supporting both economic growth and social development.

TPG Contacts

NameEmailPhoneSocials
Akash Pradhan
Akash Pradhan Vice President
Arun Agarwal
Arun Agarwal Managing Director
Carolyn Ng
Carolyn Ng Partner and Managing Director
Chang Sun
Chang Sun Managing Partner
Edward Beckley
Edward Beckley Partner

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FAQ

What does Carolyn Ng invest in?

Carolyn Ng invests primarily in Biotechnology, Health Care and Life Science startups, most often at Series B and Series C stage. Most of the 8 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

When did Carolyn Ng last invest?

The most recent investment recorded for Carolyn Ng closed in Apr 2026. Shizune tracks 8 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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