Tech Company Financing Transactions

Carmot Therapeutics Funding Round

Carmot Therapeutics closed a $15 million Series B funding round on 1/18/2018. Backers included Horizons Ventures, The Column Group and private investors.

Transaction Overview

Announced On
1/18/2018
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series B
Investors

Horizons Ventures (Lead Investor) (Patrick Zhang)

The Column Group (Lead Investor) (Adriana Tajonar)

private investors (Jerome Dahan)

Proceeds Purpose
The funds will support development of the company's lead type 2 diabetes drug, a dual GLP-1R/GIPR agonist, through early clinical proof of concept.

Company Information

Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
740 Heinz Ave.
Berkeley, CA 94710
USA
Email Address
Overview
Carmot Therapeutics develops drugs to treat inflammatory, metabolic and neurological diseases.
Profile
Carmot Therapeutics LinkedIn Company Profile
Social Media
Carmot Therapeutics Company Twitter Account
Company News
Carmot Therapeutics News
Facebook
Carmot Therapeutics on Facebook
YouTube
Carmot Therapeutics on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Stig Hansen
  Stig Hansen LinkedIn Profile  Stig Hansen Twitter Account  Stig Hansen News  Stig Hansen on Facebook
Chief Medical Officer
Allan Gordon
  Allan Gordon LinkedIn Profile  Allan Gordon Twitter Account  Allan Gordon News  Allan Gordon on Facebook
VP - Bus. Development
James Watson
  James Watson LinkedIn Profile  James Watson Twitter Account  James Watson News  James Watson on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/18/2018: coUrbanize venture capital transaction
Next: 1/18/2018: CircleCI venture capital transaction

 

Share this article

 


About Our VC Transactions Data

We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary