Sagimet Biosciences

IPO

Advancing FASN Inhibitors for Metabolic Disease

Public · San Mateo, United States · Founded 2006 · $153.5M raised

Employees
11–50
Founded
2006
Business Model
B2B
Total Funding
$153.5M
Last Round
$80.0M Growth EquityFeb 2021
Rounds
4
Type
Public

About

Sagimet Biosciences is a clinical-stage biopharmaceutical company developing novel fatty acid synthase (FASN) inhibitors. Lead candidate denifanstat is an oral, once-daily selective FASN inhibitor in Phase 3 for MASH. FDA Breakthrough Therapy designation. HQ San Mateo. Nasdaq: SGMT.

Summary

Sagimet Biosciences is a Biotech company based in San Mateo, United States, founded in 2006. It has raised $153.5M in total across 4 rounds, most recently a $80.0M Growth Equity round in Feb 2021. Investors include Ascletis, Kleiner Perkins and New Enterprise Associates.

Tech & App Stack

5 technologies & apps tracked

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Funding History

IPOJul 2023
$85.0M

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Investors

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