Glyscend

company

About

Glyscend develops a revolutionary approach to treating type 2 diabetes.

  • 1 - 10

Details

Last Funding Type
Grant
Last Funding Money Raised
$225K
Industries
Biopharma,Biotechnology,Cosmetic Surgery,Landscaping,Medical,Pharmaceutical,Therapeutics
Founded date
Jan 1, 2014
Number Of Employee
1 - 10
Operating Status
Active

Glyscend develops a revolutionary approach to treating type 2 diabetes. The company began with the insight that bariatric surgery can lead to the immediate remission of the disease, and has since been engaged in the development of a non-invasive approach which will act on the same mechanism as surgery but fit within the current care pathway.

The company's technology is an orally ingestible intestinal coating that prevents the stimulation of duodenal mucosa and inhibits key neurohormonal pathways in the proximal gut. Glyscend is devoted to providing patients with an effective strategy to keep glucose levels under control and eliminate potential side effects like weight gain and hypoglycemia. Meanwhile, the company aims to provide endocrinologists and primary care physicians with the innovative tools they need to treat the disease instead of merely managing it.

It was founded in 2014 by co-founders Ashish Nimgaonkar, Michael Parlato, and Pratik Patel.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$1.42M
Glyscend has raised a total of $1.42M in funding over 2 rounds. Their latest funding was raised on Sep 18, 2017 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 18, 2017 Grant $1.19M 1 National Science Foundation Detail
Jun 24, 2015 Grant $225K 1 National Science Foundation Detail

Investors

Number of Lead Investors
Number of Investors
2
1
Glyscend is funded by 1 investors. National Science Foundation are the most recent investors.
Investor Name Lead Investor Funding Round
National Science Foundation Yes Grant