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TwoStep Therapeutics

Multi-specific peptide-drug conjugates that target several tumor integrins at once.

What they do

TwoStep Therapeutics develops polyspecific integrin-targeting peptide-drug conjugates for solid tumors, spun out of Stanford University. It announced a 62.5 million dollar Series A led by Insight Partners and Medical Excellence Capital on September 9, 2026, alongside FDA clearance of the IND for lead program TS-104, with a Phase 1 trial planned across six tumor types.

The record

Vertical
Oncology
Sub-segment
Peptide-drug conjugates
Product type
Diagnostics
Stage
Series A
Headquarters
San Carlos, United States
Region
North America
Founded
2024
Total funding
$71.2M raised

Notable investors: Insight Partners, Medical Excellence Capital, M Ventures, Pfizer Ventures, NFX, 2048 Ventures.

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