Faeth Therapeutics

Faeth Therapeutics is a biotech company in Austin (but entirely remote!), United States, founded in 2022. It has raised $92.0M across 3 rounds, most recently a $25.0M Series B in October 2025.

Unlocking the power of metabolism to treat cancer.

Employees
11–50
Founded
2022
Business Model
B2B
Total Funding
$92.0M
Last Round
$25.0M Series BOct 2025
Rounds
3

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 3 funding rounds and 7 investors for this company. The full record is or through the API.

About

Faeth Therapeutics (NASDAQ: FTH) is a clinical-stage oncology company pioneering multi-node inhibition of the PAM (PI3K/AKT/mTOR) pathway — the most frequently altered oncogenic pathway in cancer. Co-founded in 2019 by Anand Parikh and Oliver Maddocks, PhD, alongside world-leading cancer biologists including Dr. Lewis Cantley (discoverer of the PI3K pathway), Faeth was built on the core conviction that simultaneously suppressing multiple nodes of a biological pathway produces deeper, more durable tumor suppression than targeting a single node alone. The company's lead program, PIKTOR — a combination of serabelisib (PI3K-alpha inhibitor) and sapanisertib (mTORC1/2 inhibitor) — targets three PAM pathway nodes simultaneously. In February 2026, Faeth merged with Sensei Biotherapeutics in a transaction that included a concurrent $200 million private placement, with PIKTOR advancing as the combined publicly-traded company's lead clinical program.

Summary

It lists 11–50 employees. It has raised $92.0M in total across 3 rounds, most recently a $25.0M Series B round in Oct 2025. Investors include S2G Ventures, Khosla Ventures and Future Ventures.

Tech & App Stack

7 technologies & apps tracked

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Funding History

Data from Indexed.vcUpdated
Series BSeries BOct 2025
$25.0M

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Funding: Seed through Series B. Amounts, valuations, and investors where available.

Investors

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