O
one-carbon Therapeutics
Focuses on developing treatments for cancer, inflammation, and autoimmune diseases
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 dataAt 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
Knowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Dec 2025 | $15M | $61M | Undisclosed | ↗ |
| SUPPORT PROGRAM✓Other financing | Jan 2022 | $2K | — | EIT Health | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
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.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
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
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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