Adipo Therapeutics

Indianapolis, IN · Founded 2016 · Privately Held (backing)

Developer of polymer-based nanoparticles designed to transform the treatment of obesity-related diseases. Adipo Therapeutics is based in Indianapolis, IN and was founded in 2016. It was valued at $27 million at its later-stage round in Feb 2026, the last priced event on record. It has raised $14.8 million across 2 recorded rounds; the latest was a $4.7 million seed round in Nov 2024.

PMV mark · valuation
$27.0M
Oct 2026
Priced at
its later-stage round
Feb 2026
Total raised
$14.8M
Last round
Seed Round
Nov 2024
How much has Adipo Therapeutics raised?
$14.8Macross 2 recorded rounds · Aug 2020 – Nov 2024

Most recently, Adipo Therapeutics raised $4.7M in its Seed Round (Nov 2024).

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Adipo Therapeutics round by round

2 rounds
Nov 2024Seed Round$4.7MSEC filing▮
20 investors participated
Aug 2020Seed Round$1.3MSEC filing▮
2 investors participated

How much has Adipo Therapeutics raised?

Adipo Therapeutics has raised $14.8 million in total; 2 of its rounds are on record. The largest on record was a $4.7 million seed round in Nov 2024.

Adipo Therapeutics has filed 2 Form Ds with the SEC since 2020, most recently in Dec 2024 ($4.7 million sold to 20 investors).

Adipo Therapeutics investors

13 investors are on record for Adipo Therapeutics, including Elevate Ventures, AJI Capital, David Campbell and IU Ventures. The seed round in Nov 2024 drew 20 investors.

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13 investors have backed Adipo Therapeutics.

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Frequently asked about Adipo Therapeutics

How much has Adipo Therapeutics raised?
Adipo Therapeutics has raised $14.8M in total across 2 recorded funding rounds.
When was Adipo Therapeutics's last funding round?
Adipo Therapeutics's most recent recorded round was Seed Round in Nov 2024, raising $4.7M.