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Time Therapeutics

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Developing treatments for intractable diseases using patient iPS cells

Kyoto, JapanFounded 2019Biotech & Life Sciences
Valuation $0–100M Latest valuation · 2024
Total funding $10–50M Disclosed equity funding
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About Time Therapeutics

Time Therapeutics, Inc. is a Japanese biotechnology firm that emerged from research conducted at Kyoto University. The company was officially established on June 27, 2019, to translate the intellectual properties of the university into viable medical treatments. The foundation of the company is built upon the work of Dr. Haruhisa Inoue, a professor at Kyoto University's Center for iPS Cell Research and Application (CiRA), who is credited as the founding scientist. Dr. Inoue developed a method for screening medicinal compounds using induced pluripotent stem cells (iPSCs) derived from patients with neurodegenerative diseases. This approach forms the core of the company's research and development strategy.

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The company is led by President and CEO Toshifumi Watanabe, who brought extensive experience from various high-level positions in the pharmaceutical industry, including roles at Takeda Pharmaceutical and Novartis Pharma, before taking the helm at Time Therapeutics. The company’s primary mission is the research, development, and marketing of medicines and medical devices for intractable diseases, with a significant focus on neurodegenerative conditions like Alzheimer's disease. Its core technology, named “iPSC-based Drug Discovery: from dish to bedside,” utilizes patient-derived iPSCs to more accurately predict the efficacy of drug compounds, precisely classify patient groups, and determine appropriate pricing. This method aims to streamline the drug discovery process, particularly for conditions where traditional models have been less effective.

Time Therapeutics' business model centers on advancing its pipeline of drug candidates and securing partnerships. The company's strategy involves short-term goals of entering joint R&D agreements with pharmaceutical companies to secure resources, and longer-term objectives that include establishing multiple clinical development pipelines and eventually obtaining marketing approval for its products. The company's pipeline includes candidates for Familial Alzheimer's Disease (TTM-001), Tauopathy (TTM-002), and ALS (TTM-003). Financially, Time Therapeutics has successfully raised a total of $23.6 million over four funding rounds, including two Seed and two Early-Stage rounds. Its largest round was a Series B for $12.8 million in June 2024, demonstrating continued investor confidence in its scientific platform and development strategy.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
Kyoto, Japan
Open positions
None listed
Dealroom signal
21.0/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Precision Medicine, Spinout, Biotech and Pharma, Hard Tech, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b
Links
Website

Latest news

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Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VCEquity / VC Jul 2024 $13M $51M Undisclosed
SEEDEquity / VC Sep 2020 $5.1M $20M Undisclosed
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Growth signals

Time Therapeutics website traffic

Latest recorded traffic for Time Therapeutics is 120 monthly website visits, down 71.4% over the last three months.

Latest monthly visits120 3-month web change-71.4%
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Investors

1 investor on the cap table

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

Other known investors1 additional known investor

  • Kyoto University
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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
🇯🇵 Japan · Kyoto HQ
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Market sentiment

Posts on X, past 7 days

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

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