Comet Therapeutics

Cambridge, United States Founded: 2017 • Age: 9 yrs Acquired By VectivBio
Enzyme substitution therapy for neurological diseases is developed.
Annual revenue - Latest available
Total funding $28.5M 1 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Comet Therapeutics

Comet Therapeutics is a company based in Cambridge (United States) founded in 2017 by Enej Kuscer was acquired by VectivBio in August 2021. Comet Therapeutics has raised $28.5 million across 1 funding round from investors including Canaan, VectivBio and Mission BioCapital. Comet Therapeutics operates in a competitive market with competitors including Alnylam, Ultragenyx, BioMarin Pharmaceutical, Mirum Pharmaceuticals and Homology Medicines, among others.

  • Headquarter Cambridge, United States
  • Founders Enej Kuscer
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $28.5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $28.5 M (USD), Series A

    Jun 19, 2019

  • Investors
    Canaan

    & 4 more

  • Employee Count
    Not available
  • Acquired by
    VectivBio

    (Aug 31, 2021)

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Funding Insights of Comet Therapeutics

Comet Therapeutics has successfully raised a total of $28.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $28.5 million completed in June 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Comet Therapeutics

Comet Therapeutics has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Canaan, VectivBio and Mission BioCapital.

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Venture Fund
Investor Description Founded Year Domain Location
Investments in life science startups are made by Mission BioCapital.
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Canaan is recognized as an early-stage venture capital firm.
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Sofinnova Partners is focused on life sciences and healthcare investments.
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Investor details for Comet Therapeutics

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Investments & Acquisitions by Comet Therapeutics

Investments
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Investment portfolio details for Comet Therapeutics

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Financial Statements - Comet Therapeutics

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Detailed financials for Comet Therapeutics

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Comet Therapeutics Comparisons

Comet Therapeutics Primary company
Description
Enzyme substitution therapy for neurological diseases is dev...
Location
Cambridge, United States
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Comet Therapeutics

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Competitors of Comet Therapeutics

Comet Therapeutics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Alnylam, Ultragenyx, BioMarin Pharmaceutical, Mirum Pharmaceuticals and Homology Medicines, among others.

Company Name Domain Founded year HQ Location Description
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RNA interference-based therapeutics are developed for multiple disorders.
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Therapeutics for rare and ultra-rare metabolic diseases are developed.
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Therapeutics for rare genetic diseases are developed by BioMarin Pharmaceutical.
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Small molecule therapeutics are developed for rare diseases treatment.
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Developer of gene therapies for rare genetic diseases
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Orally deliverable bradykinin B2 antagonists are developed for hereditary angioedema.
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Detailed competitors of Comet Therapeutics

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Latest news on Comet Therapeutics

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Complete news archive for Comet Therapeutics

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Frequently Asked Questions about Comet Therapeutics

Comet Therapeutics was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Comet Therapeutics is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.

Comet Therapeutics is a funded company, having raised a total of $28.5M across 1 funding round to date.

Comet Therapeutics was founded in 2017 and is based in Cambridge, United States. Therapies for neurological diseases are developed through enzyme substitution approaches. Orphan neurological disorders are addressed via Coenzyme-A substitution methods. The CoEnzyme metabolism (CoMET) platform has been established to restore dysregulated CoEnzyme A metabolism in affected patients. Operations center on advancing treatments within the biotechnology sector for rare conditions.

Comet Therapeutics's top competitors include Alnylam, UniQure and BioMarin Pharmaceutical.

Comet Therapeutics has 5 investors. Key investors include Canaan, VectivBio, Mission BioCapital, Sofinnova Partners, and Inkef.

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