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Pheast Therapeutics
A cancer immunotherapy company focused on developing novel checkpoint therapies to harness the innate immune system in the fight against cancer
About Pheast Therapeutics
Pheast Therapeutics is a biotechnology startup that operates in the healthcare sector, specifically in the field of cancer treatment. The company is focused on developing innovative immunotherapies that target and eliminate cancer cells. Their primary clients are patients suffering from aggressive forms of cancer, such as ovarian and breast cancers.
The company's unique approach involves harnessing the power of macrophages, a type of white blood cell that is part of the body's immune system. Macrophages are known as the first responders of the immune system and have the ability to detect and destroy cancer cells. However, cancer cells often evade these macrophages by expressing "don't eat me" signals. Pheast Therapeutics is developing new drugs, known as innate immune checkpoint inhibitors, to block these signals and allow macrophages to effectively target and eliminate cancer cells.
One of their leading programs is the development of anti-CD24 antibodies. CD24 is a signal highly expressed in ovarian and breast cancers. By blocking this signal, Pheast Therapeutics has observed in preclinical models that macrophages can efficiently target and eliminate cancer cells, leading to tumor clearance over time.
Pheast Therapeutics' business model revolves around the research, development, and eventual commercialization of these novel immunotherapies. The company generates revenue through the sales of these therapies once they have been approved for use in the market.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2020
- Headquarters
- Redwood City, United States
- Employees
- 41
- Open positions
- None listed
- Dealroom signal
- 77.1/100
- Industry
- Health
- Sub-industry
- BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, Spinout, Biotech and Pharma, DT and LS, science-based
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VCOther financing | Nov 2025 | $0 | — | Undisclosed | ↗ |
| SERIES AOther financing | Apr 2022 | $76M | $304M | Rsquared · ARCH Venture Partners · Catalio Capital Management · Alexandria Venture Investments | ↗ |
Growth signals
Latest recorded traffic for Pheast Therapeutics is 4.9K monthly website visits, up 36.1% over the last three months. Pheast Therapeutics's team grew 2.5% 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.
Series A4 investors entered at this stage
ARCH Venture Partners
Catalio Capital Management
Rsquared
Alexandria Venture Investments
Other known investors1 additional known investor
Stanford University
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Pheast Therapeutics on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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