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one-carbon Therapeutics

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Focuses on developing treatments for cancer, inflammation, and autoimmune diseases

Stockholm, SwedenFounded 2019Biotech & Life Sciences
Valuation $50–100M Last recorded · 2025
Revenue <$1M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About one-carbon Therapeutics

Based in Solna, Sweden, One-carbon Therapeutics AB is a preclinical biotechnology company established in 2020. It was co-founded by the Helleday Laboratory, which contributes over two decades of expertise in DNA Damage Response (DDR) biology. The company's scientific foundation is built upon the pioneering work of its founder, Professor Thomas Helleday, who was instrumental in discovering the synthetic lethal concept for treating BRCA mutated cancer with PARP inhibitors.

The company is developing therapeutics to address difficult-to-treat cancers, inflammation, and autoimmune diseases. Its core strategy involves targeting the one-carbon metabolism pathway, which is crucial for DNA synthesis and repair and is often overactive in cancer cells. This approach represents a novel way of attacking the DNA Damage Response, aiming to create treatments that are more selective towards cancer cells while sparing normal ones, thereby reducing side effects commonly associated with chemotherapy and radiotherapy.

One-carbon Therapeutics' lead candidate, TH9619, is a first-in-class small-molecule inhibitor of MTHFD1/2, isoenzymes that regulate one-carbon metabolism and are frequently upregulated in various cancers. The development is guided by advanced biomarkers identified from primary patient tumors to enable a biomarker-driven patient selection process. The company is focused on the late-stage preclinical development of TH9619, with plans to start clinical Phase I trials. The business model centers on advancing its proprietary compounds through the clinical trial process, with an interest in partnering for further clinical and commercial development.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
Stockholm, Sweden
Employees
6
Open positions
None listed
Dealroom signal
46.5/100
Industry
Health
Sub-industry
Pharmaceutical, BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Oncology, Drug Development, DNA, Autoimmune, Biotech and Pharma, EIT Health, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC Dec 2025 $15M $61M Undisclosed ↗
SUPPORT PROGRAM✓Other financing Jan 2022 $2K — EIT Health —
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Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthProfitMargin
2026
2025
2024
2023
2022 —
2021 — — —
2020 — — —
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Growth signals

one-carbon Therapeutics website traffic

Latest recorded traffic for one-carbon Therapeutics is 1.4K monthly website visits, up 16.7% over the last three months. one-carbon Therapeutics's team grew 20% over the past year.

Latest monthly visits1.4K 3-month web change+16.7% 1-year team growth+20%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Other known investors2 additional known investors

  • EIT Health
  • Eir Ventures
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇸🇪 Sweden100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about one-carbon Therapeutics on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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