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Carmot Therapeutics Inc. announced it raised $10.8 Million in an initial filing from an offering of $15.4 Million

Carmot Therapeutics Inc. announced it raised $10.8 Million in an initial filing from an offering of $15.4 Million

08/25/17, 8:16 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgberkeley
Money raised
$10.8 million
Industry
biotechnology

Company Info

Company
Carmot Therapeutics Inc.
Location
740 heinz avenue
berkeley, california, united states
Additional Info
Carmot Therapeutics is a clinical-stage biotechnology company that is focused on the discovery and development of disease-modifying therapies for people living with metabolic diseases including obesity and diabetes. We are utilizing Chemotype Evolution, a pioneering drug discovery platform, to identify novel incretin receptor signaling targets to develop a broad pipeline of therapeutics that have the potential to produce significant weight loss and improved glycemic control. We have three clinical candidates: CT-388, CT-868 and CT-996.
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RaisedGrowth

The data in the raised column shows reported funding for this location/industry over last 90 days.

The data in the growth column indicates the % increase or decrease of the last 90 days vs. the previous 90 days.

Please note: one or more large fundings, especially for a location/industry that doesn't historically receive much funding, can have a significant impact on the increase or decrease percentage.

https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgberkeley
$260.5 M-59.3%
biotechnology
$8.5 B-25.5%