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STORM Therapeutics

Develops and advances therapeutic drug candidates for cancer, now progressing a lead program into Phase 2 clinical trials after a $56M Series C financing.

AI Healthcare
General
Total Raised
$56M
Last Valuation
$467M
Headquarters
San Francisco, CA

Overview

STORM Therapeutics is a clinical-stage biotechnology company developing therapeutics for oncology and advancing a lead cancer drug into Phase 2 testing. The company focuses on translating early clinical and preclinical research into mid-stage trials targeting cancer patients and healthcare providers addressing unmet oncology needs. In April 2026 STORM closed a $56M Series C led by M Ventures with participation from Pfizer Ventures to fund initiation of the Phase 2 programme. This is the company’s only disclosed round, bringing total known funding to $56M and providing capital to support next-stage clinical development and potential strategic partnerships.

Funding History

1 round · Apr 2026
$56M
Total Raised
1
Valuation: $467M
Cumulative: $56M

STORM Therapeutics raises $56M from M Ventures, Pfizer Ventures to start Phase 2 trial for cancer drug

Investors not disclosed
Source

Frequently Asked Questions

How much has STORM Therapeutics raised in total?
STORM Therapeutics has raised a total of $56M across 1 funding round.
Who are STORM Therapeutics's investors?
STORM Therapeutics's investors include Undisclosed.
What does STORM Therapeutics do?
STORM Therapeutics is a clinical-stage biotechnology company developing therapeutics for oncology and advancing a lead cancer drug into Phase 2 testing. The company focuses on translating early clinical and preclinical research into mid-stage trials targeting cancer patients and healthcare providers addressing unmet oncology needs. In April 2026 STORM closed a $56M Series C led by M Ventures with participation from Pfizer Ventures to fund initiation of the Phase 2 programme. This is the company’s only disclosed round, bringing total known funding to $56M and providing capital to support next-stage clinical development and potential strategic partnerships.
Where is STORM Therapeutics headquartered?
STORM Therapeutics is headquartered in San Francisco, CA.