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TwoStep Therapeutics raised $62.5 million in an oversubscribed Series A financing, securing funding for their first-in-class peptide-drug conjugate.

PRIVATESep 09, 2026

Amount Raised

$62.5 Million

Round Type

Series A

Palo AltoBiotechnology

Investors

M VenturesPfizer Ventures

Description

TwoStep Therapeutics has announced the closing of its oversubscribed $62.5 million Series A financing. This funding follows the FDA clearance of the IND for their first-in-class peptide-drug conjugate. The capital will support the advancement of their innovative therapeutic pipeline.

Who to call at TwoStep Therapeutics, and when

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Company Information

Company

TwoStep Therapeutics

Location

C/O COOLEY LLP, 3175 HANOVER STREET

Palo Alto, California, United States

About

TwoStep Therapeutics is a venture-backed early-stage biotech startup developing novel tumor-targeting therapeutics for solid tumors.

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Related People

1 contact
Verified contactsNicolas, VP, Radiopharmaceutical Clinical Develo…See plans and pricing
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

TwoStep Therapeutics raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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