# Teon Therapeutics Inc.: Biotechnology, Redwood City, United States

> Teon Therapeutics Inc.: Teon Therapeutics Inc. Based in Redwood City, United States. Founded 2017. What Millionrounds holds on them, and what we have not seen.

Source: https://millionrounds.com/startup/teon-therapeutics-inc (Millionrounds; every figure on the page links to its filing or article)

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

# Teon Therapeutics Inc.

Teon Therapeutics Inc.

Funding reported Last round: Series A

Biotechnology Redwood City, United States

Company summary

- **Founded:** 2017 9 years old
- **Team:** 7 1 to 10 people
- **Funding reported:** $37M in dollars
- **Last round:** Series A Feb 2021

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Teon Therapeutics Inc. has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Teon Therapeutics Inc.

Teon Therapeutics Inc.

is a clinical-stage biopharmaceutical company based in Redwood City, California, founded in 2017. The company focuses on discovering and developing oral, single-target small molecules that modulate metabolic signaling pathways in the tumor microenvironment. Teon's mission is to restore anti-tumor immunity and suppress cancer cell proliferation by targeting immunosuppressive and cancer-promoting pathways, particularly in difficult-to-treat cancers. Teon specializes in drug discovery and development, with a pipeline of small-molecule candidates aimed at enhancing anti-cancer immunity. Their lead product, TT-702, is designed to block adenosine-mediated immune suppression and is expected to enter Phase 1b trials. The company collaborates with biopharmaceutical firms and research institutions to advance its innovative therapies, which are designed for once-daily oral administration to improve patient compliance and treatment outcomes. Teon Therapeutics is recognized for its contributions to immunotherapy solutions in oncology.

## What company datasets say Teon Therapeutics Inc. raised

Funding, as reported

Reported in all **$37M** in dollars

Rounds **2**

Last round **Series A**

Last round size **$30M**

Last round date **Feb 2021**

Investors listed **6**

## The company, in detail

What they build

Known for

health care tumor microenvironment metabolic pathway targeting g-protein coupled receptor a2b adenosine receptor antagonist adenosine a2b receptor antagonist oncology research metabolic signaling in tumor microenvironment gpcr signaling small molecule drugs metabolic signaling pathways hospital & health care oral cancer medications immune suppression cancer immunology metabolic reprogramming

Built with from their website

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- **Sector:** Biotechnology
- **Industry code:** NAICS 541714, SIC 2834
- **Region:** California
- **Revenue:** $3.8M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/teon-therapeutics)

## Biotechnology in United States

Startups like it

- [**National Resilience** founded 2020 *Raised*](https://millionrounds.com/company/national-resilience)
- [**CREATE Medicines** Cambridge · founded 2019 *Raised*](https://millionrounds.com/company/create-medicines)
- [**AusperBio Therapeutics** Startup *Raised*](https://millionrounds.com/company/ausperbio-therapeutics)
- [**City Therapeutics** Startup *Raised*](https://millionrounds.com/company/city-therapeutics)
- [**Nohla Therapeutics** Seattle · founded 2015 *Raised*](https://millionrounds.com/company/nohla-therapeutics)
- [**Genapsys** Redwood City · founded 2010 *Raised*](https://millionrounds.com/company/genapsys)
- [**Proxima Bio** Startup *Raised*](https://millionrounds.com/company/proxima-bio)
- [**Infinimmune** Alameda · founded 2022 *Raised*](https://millionrounds.com/company/infinimmune)

## Is this your company?

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