Meld Valuation / Venture NAV Tracker
FundsCompaniesMethodology
meldvaluation.com ↗

Venture NAV Tracker / Private company

Candel Therapeutics

A publicly listed clinical-stage biopharmaceutical company and Trinity Capital borrower.

Biotechnology
HeadquartersNeedham, MA
Founded—
Last known roundIPO2021-07 · source ↗
Reported valuation—2021-07 · source ↗

Cross-fund comparison

Current disclosed marks

One latest disclosed debt mark per fund.

FundSecurity typePrincipalFair valueFV / principalRateMaturityNon-accrual
TRINTrinity Capital Inc.senior secured loan$43.5MMar 31, 2026 · source ↗$42.5MMar 31, 2026 · source ↗97.8%Mar 31, 2026 · source ↗P+3.0% (9.8% floor, 4.3% EOT)Mar 31, 2026 · source ↗Oct 1, 2030Mar 31, 2026 · source ↗NoMar 31, 2026 · source ↗

Historical marks

Reported fair value by fund

Each bar is a disclosed position-quarter.

$42.5MTRINMar 31, 2026 · source ↗
Figures are compiled from public filings.Read methodologyMELD Valuation