Galecto

IPO

Redefining care for people with blood disorders

Public · Copenhagen, Denmark · Founded 2010 · $446.9M raised

Headquarters
Copenhagen
Employees
11–50
Founded
2010
Business Model
B2B
Total Funding
$446.9M
Last Round
$285.0M Series CNov 2025
Rounds
4
Type
Public

About

Galecto is a clinical-stage biopharmaceutical company developing small-molecule and antibody therapeutics targeting galectin proteins for the treatment of fibrosis, cancer, and hematologic disorders. Its pipeline includes programs for idiopathic pulmonary fibrosis and myeloproliferative neoplasms. In March 2026 the company announced a name change to Damora Therapeutics following its acquisition of Damora Therapeutics and a strategic pivot to mutant calreticulin-driven blood disorders.

Summary

Galecto is a Biotech company based in Copenhagen, Denmark, founded in 2010. It has raised $446.9M in total across 4 rounds, most recently a $285.0M Series C round in Nov 2025. Investors include Soleus Capital, Ysios Capital and OrbiMed.

Tech & App Stack

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Funding History

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Series CSeries CNov 2025
$285.0M

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Pre-Seed through Series C — per-round amounts, valuations, and who invested in each round.

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