Sparrow Pharmaceuticals

Raised $95M in a Series B round, announced 24 September 2025.

Total raised
$95M

Latest round Series BCountry United StatesSector Health

Round

$95MSeries B, 24 September 2025

Funds the Phase 2b CAPTAIN-T2D trial, with data expected in 2027.

Amount
$95M
Stage
Series B
Announced
24 September 2025
Lead
Forbion
Other investors
RA Capital Management, OrbiMed, RiverVest, US Venture Partners
Use of funds
Funds the Phase 2b CAPTAIN-T2D trial, with data expected in 2027.
Checked
Announced by the company
Sources
Sparrow Pharmaceuticals Announces $95 Million Series B Financing to Advance Targeted Therapy for Type 2 Diabet forbion.com
Sparrow Pharmaceuticals Announces $95 Million Series B Financing to Advance Targeted Therapy for Type 2 Diabet news.google.com
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Company

Oral HSD-1 inhibitor clofutriben for type 2 diabetes with elevated cortisol

Based in
Portland, United States
Sector
Health
Website
sparrowpharma.com ↗

Links

Website
sparrowpharma.com ↗

Questions

How much has Sparrow Pharmaceuticals raised?

Sparrow Pharmaceuticals raised $95M in a Series B round, announced on 24 September 2025.

Who invested in Sparrow Pharmaceuticals?

Forbion led. Investors include Forbion, RA Capital Management, OrbiMed, RiverVest and US Venture Partners.