Last deal

$112.5M

Amount

Post-IPO Equity

Stage

25.01.2024

Date

3

all rounds

$406.16M

Total amount

date founded

Financing round

General

About Company
Sagimet Biosciences develops novel therapeutics to treat metabolic diseases and specific cancers.

Industry

Sector :

Subsector :

Keywords :

Also Known As

3-V Biosciences

founded date

01.03.2007

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Equity

IPO status

Private

Description

The company's pipeline of proprietary FASN inhibitors are potent, selective, and reversible, reducing de novo lipogenesis and enabling physicians to treat solid tumors such as non-small cell lung cancer, breast cancer, and ovarian cancer. Sagimet Biosciences has unique expertise in FASN biology and has created a platform of proprietary FASN inhibitors. For more information, please visit their website.
Contacts

Contact Email

Phone number

Social url

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Financials

Funding Rounds
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3

Number of Funding Rounds

$406.16M

Money Raised

Their latest funding was raised on 25.01.2024. Their latest round Post-IPO Equity

Date 
Funding Round 
Investors 
Money Raised 
Lead 
25.01.2024
$112.5M
11.02.2021
8
$80M
31.12.2020
$69.02M
Co-Investors
Investors
9
2

Number of lead investors

9

Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Series B, Series C, Series D, Venture - Series Unknown
No
Series E
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Venture - Series Unknown
New Enterprise Associates

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Robert Garland

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Dr. Garland joined NEA in 2003 and invests in biopharmaceuticals and medical devices. He is a director of 3-V Biosciences, Cardioxyl Pharmaceuticals, Trevena, Inc., and Zyngenia, Inc. Prior to NEA, in addition to clinical practice at the University of California, San Francisco (UCSF), he was with McKinsey & Company’s Pharmaceutical & Medical Products and Corporate Finance & Strategy practices. At McKinsey, Dr. Garland worked with biotech, pharmaceutical, medical device, diagnostics, and private equity clients to evaluate investments, formulate product and corporate strategies and build businesses. Dr. Garland completed his Residency in Internal Medicine and Fellowship in Infectious Diseases at UCSF and received his MBA and MPH from the University of California, Berkeley, his MD from Baylor College of Medicine, and his BS in EE/Bioengineering from Rice University.

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Beth Seidenberg

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Beth Seidenberg is a partner at Kleiner Perkins Caufield & Byers focused on life science investing. She works with entrepreneurs to develop companies with breakthrough technology for treating patients and improving health. Since joining KPCB in 2005, Beth has incubated five companies and serves on the board of directors of 3-V Biosciences, Armo Biosciences, Atara, Auxogyn, Breathe Technologies, Epizyme, iPierian, Redbrick Health and TESARO. Before joining KPCB, Beth was senior vice president of development and chief medical officer of Amgen, Inc. Earlier in her career, she was a senior executive in research and development at Bristol-Myers Squibb Co. and Merck & Co., Inc. Under her leadership, 10 innovative products were developed and marketed globally and achieved more than 40 regulatory approvals. Beth received her B.S. degree from Barnard College and her M.D. from the University of Miami. She completed her post-graduate training at Johns Hopkins University, George Washington University and the National Institutes of Health.

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People

Founders
2
Lucas Pelkmans
Lucas Pelkmans

Lucas Pelkmans

Lucas Pelkmans is the Full Professor & Ernst Hadorn Chair at University of Zurich .

current job

Sagimet Biosciences
Sagimet Biosciences

organization founded

1

Lucas Pelkmans

Urs Greber

Urs Greber, PhD co-founded 3-V Biosciences, Inc. in 2006. Mr. Greber has been an Associate Professor for Cell Biology, Institute of Zoology at University of Zürich since 2003 and served as its Assistant Professor since 1995. He was awarded Swiss Talent for Academic Research and Teaching (START) Fellow at the Institute of Zoology in 1995. In 1991 he was a postdoctoral Research Associate at the Yale University School of Medicine in Connecticut. Prior to that, Mr. Greber served as a Postdoctoral Research Assistant of L. Gerace, Department of Cell and Molecular Biology, Scripps Research Institute, La Jolla, CA. His prime areas of interest focus on viral pathogens: ubiquitous, affecting all forms of life. He is elucidating how viruses trick the surveillance system of the host to overcome the dynamic host restrictions during entry, by employing high frequency live cell imaging and powerful computational approaches as well as viral genetics in combination with established cell biological and biochemical techniques.

current job

Sagimet Biosciences
Sagimet Biosciences

organization founded

1

Urs Greber

Employee Profiles
19
Dave Happel

Dave Happel

President and CEO

Kenneth Chern

Safety Review Committee

George Kemble

George Kemble

CEO

Dennis Hom

Dennis Hom

CFO and Head Corporate Development

Lucas Pelkmans

Lucas Pelkmans

Co-Founder

Dena M. Minning

Dena M. Minning

Vice President of Translational Medicine

Urs Greber

Co-Founder

Activity

Recent News
9
News Timeline

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