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§ Private Profile · Cambridge, MA, USA
Semma Therapeutics is a technology company.
Semma Therapeutics develops cellular therapies for Type 1 diabetes, targeting a functional cure. The company engineers human stem cell-derived beta cells producing insulin in response to blood glucose. This biological approach restores the body's inherent ability to regulate glucose.
Founded in 2015, Semma Therapeutics emerged from the pioneering research of Professor Douglas Melton, an esteemed investigator at the Howard Hughes Medical Institute and co-director of the Harvard Stem Cell Institute. His foundational work in generating insulin-producing cells from pluripotent stem cells provided the core scientific insight. Felicia Pagliuca and Robert Millman co-founded the company, translating this discovery into a therapeutic platform.
The therapies target individuals with Type 1 diabetes, seeking to alleviate the daily burden of their condition. Semma Therapeutics’ vision is to provide a functional cure, enabling patients to achieve sustained physiological glucose control without external insulin. This mission propels its cell therapy toward clinical availability.
Semma Therapeutics has raised $163.0M across 3 funding rounds.
Semma Therapeutics has raised $163.0M in total across 3 funding rounds.
Semma Therapeutics is a biotechnology company developing stem cell–derived, implantable beta-cell replacement therapies for Type 1 diabetes that combine laboratory-grown insulin-producing cells with protective delivery devices to restore glucose-responsive insulin production without long‑term immunosuppression[1][5].
High-Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech/Biotech Landscape
Quick Take & Future Outlook
Overall, Semma Therapeutics is a Cambridge‑based biotech company that directly translates a major academic stem‑cell breakthrough into a combined cell + device therapeutic strategy aimed at a functional cure for Type 1 diabetes—its progress and eventual clinical results will be a key indicator for the viability of scalable, implantable cell therapies in regenerative medicine[1][3][5].
Semma Therapeutics has raised $163.0M across 3 funding rounds. Most recently, it raised $114.0M Series B in November 2017.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 30, 2017 | $114M Series B | Kevin Raidy, Daniel Auerbach | 6 Dimensions Capital, ARCH Venture Partners, F Prime Capital, JDRF T1D Fund, Medtronic, MPM Capital, Novartis, ORI Healthcare Fund, Sinopharm Capital, WU Capital | Announced |
| Sep 12, 2016 | $5M Grant | California Institute For Regenerative Medicine | — | Announced |
| Mar 1, 2015 | $44M Series A | MPM Capital | ARCH Venture Partners, Stephen Knight, Stephen Oesterle | Announced |
Semma Therapeutics has raised $163.0M in total across 3 funding rounds.
Semma Therapeutics's investors include Kevin Raidy, Daniel Auerbach, 6 Dimensions Capital, ARCH Venture Partners, F-Prime Capital, JDRF T1D Fund, Medtronic, MPM Capital, Novartis, ORI Healthcare Fund, Sinopharm Capital, Wu Capital.