FundedIQ
Biotechnology

FogPharma: Funding, Investors & Team (Sep 2026)

FogPharma was founded by Greg Verdine, a leader in creating new drugs for previously untreatable targets. The company develops cell-penetrating mini proteins that can target diseases beyond traditional treatments. With a team of experts in cancer research and therapy, FogPharma is dedicated to creating innovative cancer treatments. The company receives financial backing from a diverse group of investors and has a strong support network of founders, employees, and patients working toward the goal of improving cancer care. FogPharma is committed to delivering groundbreaking medicines to patients and improving their quality of life.

www.fogpharma.com LinkedIn Cambridge, United States 101-250 employees
Biopharma Biotechnology Health Care Life Science Pharmaceutical Precision Medicine B2B
Total raised
$323M
Rounds
2
Latest
Undisclosed round
Mar 2024

FogPharma has raised $323M across 2 funding rounds on record, the most recent an undisclosed round of $145M announced in Mar 2024.

That round is above the $8.0M median round size for Biotechnology companies tracked on FundedIQ over the last two years.

FogPharma Company Profile and Key Stats

Total funding raised
$323M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$145M in Mar 2024
Employees
101-250
reported band
Headquarters
Cambridge, United States

Latest funding round on record: Mar 2024.

FogPharma Funding Rounds

Date
Round
Amount
Undisclosed round
$145M
Series D
$178M

FogPharma raised $178M in a Series D announced in Nov 2022.

1.3 years later, an undisclosed round of $145M was announced in Mar 2024.

FogPharma Founders and Leadership Team

Name
Role
Contact
Weiqing Zhou
Founder
Locked

Contact details for the FogPharma team: 1 of 1 has an email address on file.

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FogPharma Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,182
$8.0M
29,795
$7.5M

FogPharma's latest round of $145M is above the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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FogPharma Funding FAQs

What does FogPharma do?

FogPharma was founded by Greg Verdine, a leader in creating new drugs for previously untreatable targets. The company develops cell-penetrating mini proteins that can target diseases beyond traditional treatments. With a team of experts in cancer research and therapy, FogPharma is dedicated to creating innovative cancer treatments. The company receives financial backing from a diverse group of investors and has a strong support network of founders, employees, and patients working toward the goal of improving cancer care. FogPharma is committed to delivering groundbreaking medicines to patients and improving their quality of life.

How much funding has FogPharma raised?

FogPharma has raised $323M across 2 rounds on record. The most recent is an undisclosed round of $145M announced in Mar 2024.

When did FogPharma last raise funding?

FogPharma's most recent funding round on record is an undisclosed round of $145M, announced in Mar 2024.

Who founded FogPharma?

FundedIQ lists Weiqing Zhou (Founder) at FogPharma.

Where is FogPharma headquartered?

FogPharma is based in Cambridge, Massachusetts, United States.

How many employees does FogPharma have?

FogPharma is in the 101-250 employee band.

How does FogPharma's funding compare to other Biotechnology startups?

FogPharma's latest round of $145M is above the $8.0M median round size for Biotechnology companies on FundedIQ across 4,182 tracked companies over the last two years.

About FundedIQ's FogPharma Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for FogPharma is left off this page rather than filled in.

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