Glycomine has raised $115 million in a Series C round to advance its rare disease drug GLM101 into deeper clinical testing. The funding will support development for the treatment of PMM2-CDG, a genetic disorder affecting thousands of patients.
Apr 16, 2025•8 months ago
Amount Raised
$115 Million
Round Type
series c
Description
Glycomine, a biotechnology startup, has raised a $115 million Series C round to push its lead program deeper into clinical testing. The funding will support the development of its therapy GLM101, designed to treat PMM2-CDG, a rare genetic disorder. This funding is critical as there are no approved treatments for the condition, which affects a significant number of individuals in the U.S. and Europe
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech