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Carmot Therapeutics has filed a notice of an exempt offering of securities to raise $149,999,802.00 in New Equity Investment.

Carmot Therapeutics has filed a notice of an exempt offering of securities to raise $149,999,802.00 in New Equity Investment.

June 20, 2023 Craig Etkin

According to filings with the U.S. Securities and Exchange Commission, Carmot Therapeutics is raising $149,999,802.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Heather Turner played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Carmot Therapeutics
Carmot Therapeutics, Inc. is a clinical-stage company dedicated to the discovery and development of innovative medicines. Carmot applies a transformative, patented drug discovery approach, Chemotype Evolution to explore novel frontiers of chemistry and biology. Using Chemotype Evolution, Carmot has developed a portfolio of drug candidates in metabolic disease and oncology.

To learn more about Carmot Therapeutics, visit http://carmot-therapeutics.us/

Contact:
Heather Turner, Chief Executive Officer
888-402-4674

SOURCE: http://www.intelligence360.io
Copyright (c) 2023 SI360 Inc. All rights reserved.


Venture Capital
5775, Berkeley, California, Carmot Therapeutics, Oakland, Venture Capital

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