FundedIQ
Biotechnology

Sagimet Biosciences: Funding, Investors & Team (Sep 2026)

Sagimet Biosciences is a biopharmaceutical company in the clinical stage that specializes in the development of innovative treatments for significant diseases like NASH liver disease and specific types of cancer. They concentrate on targeting malfunctioning metabolic pathways. The company has exceptional knowledge in FASN biology and has established a series of exclusive FASN inhibitors.

sagimet.com LinkedIn San Mateo, United States 11-50 employees
Biopharma Biotechnology Therapeutics
Total raised
$288M
Rounds
2
Latest
Undisclosed round
Apr 2026

Sagimet Biosciences has raised $288M across 2 funding rounds on record, the most recent an undisclosed round of $175M announced in Apr 2026.

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

Sagimet Biosciences Company Profile and Key Stats

Total funding raised
$288M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$175M in Apr 2026
Employees
11-50
reported band
Headquarters
San Mateo, United States

Latest funding round on record: Apr 2026.

Sagimet Biosciences Funding Rounds

Date
Round
Amount
Undisclosed round
$175M
Undisclosed round
$113M

Sagimet Biosciences raised $113M in an undisclosed round announced in Jan 2024.

2.3 years later, an undisclosed round of $175M was announced in Apr 2026.

Sagimet Biosciences Founders and Leadership Team

Name
Role
Contact
Dave Happel
Founder
Locked
Lucas Pelkmans
Founder

Contact details for the Sagimet Biosciences team: 1 of 2 have an email address on file.

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Sagimet Biosciences Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,179
$8.0M
29,722
$7.5M

Sagimet Biosciences' latest round of $175M is above the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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Sagimet Biosciences Funding FAQs

What does Sagimet Biosciences do?

Sagimet Biosciences is a biopharmaceutical company in the clinical stage that specializes in the development of innovative treatments for significant diseases like NASH liver disease and specific types of cancer. They concentrate on targeting malfunctioning metabolic pathways. The company has exceptional knowledge in FASN biology and has established a series of exclusive FASN inhibitors.

How much funding has Sagimet Biosciences raised?

Sagimet Biosciences has raised $288M across 2 rounds on record. The most recent is an undisclosed round of $175M announced in Apr 2026.

When did Sagimet Biosciences last raise funding?

Sagimet Biosciences' most recent funding round on record is an undisclosed round of $175M, announced in Apr 2026.

Who founded Sagimet Biosciences?

FundedIQ lists Dave Happel (Founder), Lucas Pelkmans (Founder) at Sagimet Biosciences.

Where is Sagimet Biosciences headquartered?

Sagimet Biosciences is based in San Mateo, California, United States.

How many employees does Sagimet Biosciences have?

Sagimet Biosciences is in the 11-50 employee band.

How does Sagimet Biosciences' funding compare to other Biotechnology startups?

Sagimet Biosciences' latest round of $175M is above the $8.0M median round size for Biotechnology companies on FundedIQ across 4,179 tracked companies over the last two years.

About FundedIQ's Sagimet Biosciences 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 Sagimet Biosciences is left off this page rather than filled in.

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