ORSOBIO, INC.

MENLO PARK, CA · Founded 2020 · Biotech · Private

TLC-1235, a controlled-release mitochondrial protonophore small molecule therapeutic for reversing insulin resistance in lipodystrophy

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Updated

Sector
Biotech
Headquarters
MENLO PARK, CA
Founded
2020
Latest Form D
$40M, Aug 2024
Total capital
$127M
Federal grants
$2.3M
3 awards · 2022–2024
Rank in peer group#468 of 514
Private capital raised
$125M
2 Form D · last Aug 2024
26 months since last filing
Federal contracts
None on recordNo federal contract awards found.
Granted patents
7
11 pending · first 2023
Rank in peer group#48 of 514

Capital timeline

202220232024FEDERAL ↑EQUITY ↓Cumulative $127M$300K$1.0M$1.0M1st Form D$84.6M2nd Form D$40M
202220232024FEDERAL ↑EQUITY ↓Cumulative $127M$300K$1.0M$1.0M1st Form D$84.6M

Latest events

  • Private capital raisedForm D · SEC · 2nd filing$40M
  • Federal grantHealth and Human S · Phase II · TLC-1235, a controlled-release mitochondrial protonophore (CRMP), for the reversal of insulin resistance in patients with severe lipodystrophy$1.0M
  • Private capital raisedForm D · SEC · 1st filing$84.6M
  • Federal grantHealth and Human S · Phase II · TLC-1235, a controlled-release mitochondrial protonophore (CRMP), for the reversal of insulin resistance in patients with severe lipodystrophy$1.0M
  • Federal grantHealth and Human S · Phase II · TLC-1235, a controlled-release mitochondrial protonophore (CRMP), for the reversal of insulin resistance in patients with severe lipodystrophy$300K

Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.

Federal first

14months

from ORSOBIO, INC.’s first federal award to its first private round.

First federal award · Sep 2022
Health and Human S · $300K
First Form D · Nov 2023
$84.6M · 1st Form D
Awards before first raise
2 awards

An association in public records, not a cause or a prediction.

Standing among 514 peers

Line = median

Biotech · Molecule

  • Federal grantsBelow median
  • Granted patents#48 · top 9%

Cumulative measures favor older companies. Rankings describe position today, not outcome. Below the median, ranks show as a band rather than a number.

Founders and team

From SEC Form D filings
  • Cory FreedlandDirectorNamed in SEC Form D filings
  • Edward FlemingDirectorNamed in SEC Form D filings
  • Evan RachlinDirectorNamed in SEC Form D filings
  • Gangadhara GanapatiExecutive Officer, DirectorNamed in SEC Form D filings
  • Mani SubramanianExecutive Officer, DirectorNamed in SEC Form D filings
  • Matthew YoungDirectorNamed in SEC Form D filings
Show all 8 people
  • Muzammil MansuriDirectorNamed in SEC Form D filings
  • Srinivas AkkarajuDirectorNamed in SEC Form D filings

What it has protected

USPTO · 7 granted of 18
  • GrantedSulfinylaminobenzamide And Sulfonylaminobenzamide DerivativesUSPTOUS 12,606,522
  • PendingLxr Modulators With Bicyclic Core Moiety For Treating DyslipidemiasUSPTOApplication 19196617
  • PendingNovel Aminocarboxymuconate Semialdehyde Decarboxylase InhibitorsUSPTOApplication 18913029
Show all 18 patent records
  • Faeth Therapeutics, Inc.Similar federal contract value in Biotech · null in contracts
  • Aethon Therapeutics, Inc.Similar federal contract value in Biotech · null in contracts
  • Consano Bio, Inc.Similar federal contract value in Biotech · null in contracts
  • CellCentricSimilar federal contract value in Biotech · null in contracts
  • Invea Therapeutics, IncSimilar federal contract value in Biotech · null in contracts
  • SPOT CELLS, LLCSimilar federal contract value in Biotech · null in contracts

Regulatory activity · Biotech

Sector-level, not company-level

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.

Sources

Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.

How to read this page

Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.

Data freshness

SEC Form D filings through . SBIR and STTR awards through .