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KymaThera

Biotech developing an oral pan-mutant selective PI3Kα inhibitor for breast cancer and vascular malformations.

What they do

KymaThera closed an $80M Series B in October 2026 led by Alta Partners with Venrock, Foresite Capital and J. Wood Capital, bringing total funding above $100M. Its lead drug K-1728 is designed to block mutant PI3Kα while sparing the normal enzyme, with Phase 1 dosing in HR+/HER2- breast cancer and PI3Kα-driven vascular malformations expected in late 2026.

The record

Vertical
Biotech & Therapeutics
Sub-segment
Precision oncology
Product type
Therapeutic
Stage
Series B
Headquarters
San Diego, United States
Region
North America
Founded
Not disclosed
Total funding
$100M raised

Notable investors: Alta Partners, Venrock, Foresite Capital, J. Wood Capital.

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