# Sagimet Biosciences funding: rounds and investors

> Sagimet Biosciences has raised $25M across 1 round since 2019. Investors include Ascletis Pharma. Every round with its source.

Source: https://millionrounds.com/company/sagimet-biosciences (Millionrounds; every figure on the page links to its filing or article)

United States · [Series E startup](https://millionrounds.com/companies)

# Who invested in *Sagimet Biosciences*

One round we have observed, with the one investor named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Biotech Healthcare

Funding summary Updated 26 Oct 2026

**$25M** raised across 1 round since 2019, from 1 source

- **Latest round:** Series E, $25M Aug 2019
- **Investors:** 1

See who backed them

## The rounds

- **Aug 2019** Series E **$25M** Ascletis Pharma Reported by FinSMEs

## Founders and team

From the SEC filings it signed: 2 on the team.

- **Dennis Hom** Executive Officer i
- **George Kemble** Executive Officer, Director i

On the board, as filed i *Beth Seidenberg* *Gordon Ringold* *James Young* *Jason Fuller* *Jinzi Jason Wu* *Merdad Parsey* *Richard Rodgers*

## Everyone who backed them

Ascletis Pharma no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=sagimet-biosciences).

## Also claim to have backed them

These 3 firms list Sagimet Biosciences as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Altium Capital](https://millionrounds.com/fund/altium-capital) VC firm Per its own site

[Pivotal Capital](https://millionrounds.com/fund/pivotal-capital-partners) VC firm Per its own site

[HM Venture Partners](https://millionrounds.com/fund/hm-venture-partners) VC firm Per its own site

## Quick answers about Sagimet Biosciences

### Who invested in Sagimet Biosciences?

Sagimet Biosciences's investors include Ascletis Pharma.

### How much has Sagimet Biosciences raised?

Sagimet Biosciences has raised $25M across 1 round since 2019.

### When did Sagimet Biosciences last raise?

Sagimet Biosciences's most recent round was a Series E of $25M in Aug 2019.

### What was Sagimet Biosciences's biggest round?

Its most recent round, $25M in Aug 2019, is also its largest on record.

### Who backed Sagimet Biosciences first?

Sagimet Biosciences's first round on record, in Aug 2019, was backed by Ascletis Pharma.

### What stage is Sagimet Biosciences at?

Sagimet Biosciences's latest named round is a Series E, in Aug 2019.

### Where is Sagimet Biosciences based?

Sagimet Biosciences is based in the United States.

## Companies like Sagimet Biosciences

In the same sector, and raised in the last eighteen months.

[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio)

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