HomeUSALight Horse Therapeutics Raises $62M in Series A Financing

Light Horse Therapeutics Raises $62M in Series A Financing

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Light Horse Therapeutics, a San Diego, CA-based developer of small molecule therapeutics, raised $62M in Series A funding.

The round was led by Versant Ventures and included Mubadala Capital as well as Bristol-Myers Squibb Co, Taiho Ventures, and AbbVie.

The company intends to use the funds to expand operations and its development efforts.

Led by CEO Markus Renschler, Light Horse has developed a proprietary platform that uncovers novel functional sites in disease-critical targets. The company integrated approaches to build this precision genetic editing-based platform that interrogates proteins in their native environment, providing a better discovery of clinical candidates.

Its technology turns conventional drug discovery on its head by first identifying novel functional domains and then screening for chemistry. This function-first approach is the converse of traditional screening-first methodologies.

The team also includes:

  • Thomas Daniel, MD, Chairman
  • Laure Escoubet, PhD, CSO
  • Brian Liau, PhD, scientific co-founder
  • Ben Cravatt, PhD, scientific co-founder
  • Nathanael Gray, PhD, scientific co-founder

FinSMEs

10/01/2025

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