Carmot Therapeutics

BiotechnologySeries EBerkeley, UScarmot.us

Latest round

Series E

Last raised

May 2023

Total raised

$367M

Investors

14

About Carmot Therapeutics

Carmot Therapeutics, Inc.Founded in 2008 and headquartered in Berkeley, US, Carmot Therapeutics, Inc. specializes in drug discovery and development. The company was established by Stig Hansen and has undergone significant transformations in its operational strategies. The company has engaged in 11 deals, with the most recent deal occurring on December 3, 2023.Carmot Therapeutics focuses on advancing drug discovery through its innovative platform that leverages unique screening technologies. Their services aim to identify and optimize small molecules for various therapeutic targets, providing solutions that facilitate the development of novel pharmaceuticals.Looking ahead, Carmot Therapeutics plans to leverage the recent acquisition by F. Hoffmann-La Roche Ltd to enhance its research and development capabilities. The acquisition is intended to strengthen Roche's portfolio in cardiovascular and metabolic diseases, with an additional USD 400 mn available upon achieving specific milestones. This strategic move is anticipated to expand Carmot's reach in new markets, particularly in North America and Europe, as it continues to develop clinical-stage incretin programs.

Who invested in Carmot Therapeutics

14 investors across 7 rounds

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Funding rounds

  1. Series E

    May 24, 2023

    Amount

    $152M

    Investors

    Locked

  2. Series D

    Jul 25, 2022

    Amount

    $161M

    Investors

    Locked

  3. Series C

    Sep 17, 2020

    Amount

    $26M

    Investors

    Locked

  4. Series B

    Jan 17, 2018

    Amount

    $15M

    Investors

    Locked

  5. Series B

    Aug 11, 2017

    Amount

    $11M

    Investors

    Locked

  6. Series A

    Jul 17, 2012

    Amount

    $0.5M

    Investors

    Locked

  7. Series A

    Apr 12, 2010

    Amount

    $1.6M

    Investors

    Locked

Questions about Carmot Therapeutics

Who invested in Carmot Therapeutics?

Carmot Therapeutics has 14 investors on record across 7 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Carmot Therapeutics raised?

Carmot Therapeutics has raised 7 venture rounds. Sign up free to see how much each round raised and the total.

When did Carmot Therapeutics last raise money?

Carmot Therapeutics's most recent round on record is a Series E, in May 2023.

What does Carmot Therapeutics do?

Carmot Therapeutics is a biotechnology company.

Where is Carmot Therapeutics headquartered?

Carmot Therapeutics is headquartered in Berkeley, US.

Which VCs invest in companies like Carmot Therapeutics?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back biotechnology companies at Carmot Therapeutics's stage. Their profiles are linked below.

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