Last deal

$100M

Amount

Post-IPO Equity

Stage

19.03.2024

Date

3

all rounds

$1.23B

Total amount

date founded

Financing round

General

About Company
Fate Therapeutics develops stem cell therapeutics using biological mechanisms that guide cell fate.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2007

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Equity

IPO status

Private

Description

The company has brought together top scientists from research hotspots in the US to develop programmed cellular immunotherapies for cancer and immune disorders. Fate Therapeutics' cell therapy pipeline includes NK- and T-cell immuno-oncology programs derived from clonal master iPSC lines, and immuno-regulatory programs to prevent complications in patients. The company's leadership position in clinical development and manufacture of universal, off-the-shelf cell products using its proprietary iPSC product platform has led to the development of first-in-class cellular immunotherapies designed to synergize with established cancer therapies.
Contacts
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Financials

Funding Rounds
14
3

Number of Funding Rounds

$1.23B

Money Raised

Their latest funding was raised on 19.03.2024. Their latest investor Boxer Capital. Their latest round Post-IPO Equity

Date 
Funding Round 
Investors 
Money Raised 
Lead 
19.03.2024
5
$100M
04.01.2021
$432M
08.06.2020
$201.3M
Co-Investors
Investors
10
1

Number of lead investors

10

Number of investors

Investor 
Lead 
Round 
Partners 
No
Post-IPO Equity
No
Post-IPO Equity
No
Post-IPO Equity
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Deep Track Capital

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Acquisitions
1
Acquiree Name 
Date 
Price 
Acquisition Name 

Verio Therapeutics acquired by Fate Therapeutics

acquirer

Fate Therapeutics
Fate Therapeutics

date

08.04.2010

type

Acquisition

Verio Therapeutics

Verio Therapeutics develops drugs activating endogenous stem cells in biotechnology.

Sector

Pharmaceuticals and Biotechnology

Subsector

Biotechnology

Location

Ottawa, ON, Canada

People

Founders
9
Randall Moon
Randall Moon

Randall Moon

Dr. Moon studies the Wnt signal transduction pathways with an emphasis on their normal roles in vertebrates, their mechanisms of action, their linkage to various disease processes, and the development of therapeutics targeting these pathways. His laboratory employs a wide range of approaches, including high throughput screening for small molecules, advanced mass spectrometry methods, diverse animal model systems and cell biological and biochemical approaches. Dr. Moon is an investigator of the Howard Hughes Medical Institute, and a professor of pharmacology at the University of Washington School of Medicine. He is also the William and Marilyn Connor Chair, and founding director of the Institute for Stem Cell and Regenerative Medicine at the University of Washington. Dr. Moon received his B.A. degree in biology at New College, Sarasota, FL, and his Ph.D. in zoology at the University of Washington. After completing his postdoctoral work in molecular biology at the California Institute of Technology, he joined the faculty of the University of Washington, where he has been the recipient of a Syntex Scholar in Cardiovascular Research, a Career Development Award from the NIH, a recipient of a L.L. Temple Award from the Alzheimer’s Association, and a fellow of the American Association for the Advancement of Science. Additionally, Dr. Moon was elected to the Washington State Academy of Sciences.

current job

Fate Therapeutics
Fate Therapeutics

organization founded

1

Randall Moon

Leonard Zon
Leonard Zon

Leonard Zon

Founder at CAMP4 Therapeutics, Amagma Therapeutics and Scholar Rock.

current job

Amagma Therapeutics
Amagma Therapeutics

organization founded

5

Leonard Zon

David Scadden
David Scadden

David Scadden

David Scadden, M.D., Gerald and Darlene Jordan Professor of Medicine at Harvard University; Co-Director, Harvard Stem Cell Institute; Chair; Department of Stem Cell and Regenerative Biology, Harvard University; Director, Center for Regenerative Medicine, Massachusetts General Hospital David Scadden is the Gerald and Darlene Jordan Professor of Medicine at Harvard University. He and Professor Douglas Melton founded and jointly direct the Harvard Stem Cell Institute that is the largest institute dedicated to bringing stem cell biology to medical care in the world. With Professor Melton, Professor Scadden founded and chairs the Department of Stem Cell and Regenerative Biology Department at Harvard University, the first department to span faculties in Harvard’s history. He is a hematologist/oncologist and directs the Center for Regenerative Medicine at the Massachusetts General Hospital and previously chaired the Hematologic Malignancies program in the MGH Cancer Center. He is an expert on the medical applications of stem cell biology with a particular emphasis on their use in the settings of cancer and AIDS. He has published over 300 scientific papers and book chapters and his laboratory has made fundamental contributions in how the stem cell niche regulates stem cell function and in normal and disease-corrupted hematopoiesis. He is the recipient of numerous honors including membership in the National Academy of Medicine, the American Academy of Arts and Sciences and awards from the Doris Duke Charitable Trust, the Ellison Medical Foundation, the Burroughs Welcome Fund and the Leukemia and Lymphoma Society. He is the recipient of multiple honorary degrees. In 2016, he received the E. Donnall Thomas Prize from the American Society of Hematology. He has served or serves on the Board of Scientific Counselors for the National Cancer Institute, the Board of External Experts for the National Heart, Lung and Blood Institute, Board of Directors of the International Society for Stem Cell Research (ISSCR) and is an Associate Member of the Broad Institute of Harvard and MIT. He serves on multiple editorial boards and scientific advisory boards and is a scientific founder of Fate Therapeutics and Magenta Therapeutics, private biotechnology companies.

current job

Magenta Therapeutics
Magenta Therapeutics

organization founded

2

David Scadden

Sheng Ding
Sheng Ding

Sheng Ding

Dr. Ding has been a pioneer in the field of developing and applying innovative chemical approaches to stem cell biology and regeneration, with a focus on discovering and characterizing novel small molecules that can control various cell fate/function, including stem cell maintenance, activation, differentiation and reprogramming in various developmental stages and tissues. Dr. Ding has published over 70 research articles, reviews and book chapters, and made several seminal contributions to the stem cell field. Dr. Ding is currently Senior Investigator and Professor at Gladstone Institute of Cardiovascular Disease, and Department of Pharmaceutical Chemistry, University of California San Francisco. He obtained his B.S. in chemistry with honors from Caltech in 1999, and a Ph.D. in chemistry from Scripps in 2003.

current job

Tenaya Therapeutics
Tenaya Therapeutics

organization founded

2

Sheng Ding

Employee Profiles
51
Brian T. Powl

Brian T. Powl

Chief Commercial Officer

Stephanie Astrow

Stephanie Astrow

Executive Director

William Accomando

Senior scientist, bioanalytical development

Scott Breier

Senior manager, facilities

Ramzey Abujarour

Director, reprogramming and cellular engineering

John Goulding

Senior scientist - cell therapy drug development

Edward Dulac

Edward Dulac

Chief Financial Officer

Jessica Francis

Executive director, human resources and operations

Activity

Recent News
8
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

month