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Sagimet Biosciences

Sagimet Biosciences

Public
San Mateo, CaliforniaHealthcarehttps://www.sagimet.com

Sagimet Biosciences is now publicly traded

The data on this page reflects Sagimet Biosciences's private-market history up to the point it went public, including its funding rounds, valuation, and investors.

Went Public

Jul 13, 2023

Last Round

Follow-on Offering

Jan 25, 2024

Total Funding Raised

$399.4M

Company Overview

Sagimet Biosciences (NAS: SGMT) is a biopharmaceutical company dedicated to developing selective fatty acid synthase (FASN) inhibitors for treating diseases linked to dysfunctional lipid metabolism, with its lead candidate, denifanstat, being an oral medication aimed at nonalcoholic steatohepatitis (NASH).

Sector

Healthcare

AI Layer

Non-AI

Keywords

selective fatty acid synthase (FASN) inhibitororal therapeutic for MASHMASH therapeutic developmentclinical-stage biopharmaceutical researchtherapeutic for liver fibrosis and inflammationmetabolic disease drug developmentsmall-molecule drug discoveryFASN inhibitor for acnebiopharmaceutical drug licensing modeloncology drug development via licensing

Sagimet Biosciences Comparables

Compare Sagimet Biosciences with similar companies based on industry and business-model similarity.

Sagimet Biosciences comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Galea Therapeutics
75%
NorthSea Therapeutics
72%
OrsoBio
70%

Sagimet Biosciences Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Follow-on OfferingJan 25, 2024
IPOJul 13, 2023
Growth EquityFeb 11, 2021
Series EAug 5, 2019
Series DDec 30, 2014
Series C
Jun 21, 2013

Sagimet Biosciences Investors

Notable investors and investment history

Sagimet Biosciences investors
InvestorRounds
The Column GroupSeries B, Series C, Series A
New Enterprise Associates (NEA)Series E, Growth Equity, Series B, Series C, Series D
Ally Bridge GroupSeries D
Altium CapitalGrowth Equity
The Chernin GroupSeries B, Series A
TD CowenFollow-on Offering
HM CapitalGrowth Equity

Sagimet Biosciences Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Sagimet Biosciences Filings

SEC and related filings with document metadata.

Firmographic Details

HeadquartersSan Mateo, California
Employee Range26
Year Founded2007
Last FundingJan 25, 2024

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