Pinnacle raises $89 million Series B to advance oral peptide programs
Company / institutional announcement · Pinnacle Medicines
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Site published: 2026-11-03 · Updated: 2026-11-03
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What changed
Pinnacle Medicines closed an $89 million Series B co-led by LAV and Foresite Capital, bringing disclosed funding to $134 million. Proceeds support oral peptide programs toward clinical proof of concept, initially in immunology and cardiometabolic disease, alongside expansion of AI and physics-based discovery capabilities. The announcement does not provide new human efficacy results.
Why it may matter
Supports clinical translation of an oral-peptide platform; candidate structures, stages, and human data still require asset-specific verification.
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