Degron Therapeutics

Degron Therapeutics

Private
ShanghaiHealthcare & Life Scienceshttps://degrontx.com

Last Round

Series A

Extension

May 14, 2026

Total Funding Raised

$102M

Momentum Score

50 /100

Company Overview

Degron Therapeutics is a biotechnology company developing a new class of small-molecule medicines that target previously undruggable targets.

Sector

Healthcare & Life Sciences

Verticals

Biotechnology, Drug Discovery, Clinical Trials, Medical AI, Precision Medicine

Business Model

B2B

Customer Profile

Revenue Share, Services & Consulting

AI Layer

Non-AI

Keywords

molecular glue degradersmolecular gluestargeted protein degradationTPDdrug discovery platformundruggable targetssmall-molecule drugsprotein degradationoncology therapeuticsE3 ligase modulationpharmaceutical partnershipsdrug licensingclinical-stage biotechcompound libraryAI drug discovery

Historical Pricing

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Caplight Momentum Score

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Degron Therapeutics Comps

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CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Degron Therapeutics Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series A ExtensionMay 14, 2026
Series A ExtensionMay 14, 2024
Series AJun 9, 2022

Key People

Founding team and executive leadership

Yong Cang

Chief Scientific Officer And Co-founder

Founding Team

Degron Therapeutics Investors

Notable investors and investment history

InvestorRounds
DYEE CapitalSeries A
Co-Win VenturesSeries A
YuanBio Venture CapitalSeries A
GF Xinde Investment ManagementSeries A Extension
Lapam CapitalSeries A Extension
Zhongke ChuangxingSeries A Extension
Shenzhen Dachen Caizhi Venture Capital ManagementSeries A Extension

Market signals

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  • May 14, 2026

    $40M round led by Lapam Capital.

  • May 14, 2024

    $40M round led by Lapam Capital.

Degron Therapeutics Filings

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Degron Therapeutics Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersShanghai
Employee Range20
Year Founded2021
Last FundingMay 14, 2026

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