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SEC Form D · by sector and metro

Pharmaceuticals raises in San Francisco Bay Area

Every pharmaceuticals company in San Francisco Bay Area that filed a new SEC Form D: the last 90 days first, then everything on record.

As of November 10, 2026, 23 pharmaceuticals companies in San Francisco Bay Area have filed a new SEC Form D on record, reporting $1.20B sold. 0 filed in the last 90 days, against 1 in the 90 days before. The biggest raise on record here is Olema Pharmaceuticals, Inc., at $250M (SEC Form D, July 1, 2026).

Companies on record23
Total sold$1.20B
Last 90 days0
Median raise$5.42M

0 pharmaceuticals companies in San Francisco Bay Area filed in the last 90 days, against 1 in the 90 days before. The biggest raise on record here is Olema Pharmaceuticals, Inc. at $250M.

Companies raising per week

2026-08-24 to 2026-08-30: 0 companies02026-08-31 to 2026-09-06: 0 companies02026-09-07 to 2026-09-13: 0 companies02026-09-14 to 2026-09-20: 0 companies02026-09-21 to 2026-09-27: 0 companies02026-09-28 to 2026-10-04: 0 companies02026-10-05 to 2026-10-11: 0 companies02026-10-12 to 2026-10-18: 0 companies02026-10-19 to 2026-10-25: 0 companies02026-10-26 to 2026-11-01: 0 companies02026-11-02 to 2026-11-08: 0 companies02026-11-09 to 2026-11-15: 0 companies0

Everything on record

BasedPeople named
Olema Pharmaceuticals, Inc.$250M2024-12-12San Francisco, CASean Bohen, M.D., Ph.D., David Myles, Ph.D. +11
MAPS Public Benefit Corp first filing$215.10M2023-09-29San Jose, CAAmy Emerson, Berra Yazar-Klosinski +12
Olema Pharmaceuticals, Inc. first filing$130M2023-09-14San Francisco, CASean Bohen, M.D., Ph.D., David Myles, Ph.D. +10
KORTUC USA INC. first filing$108.66M2023-05-16Menlo Park, CAKazuyuki Matsuda
Aeovian Pharmaceuticals, Inc.$55M2025-12-22Berkeley, CAAllison Hulme, Micah Zajic +9
Radionetics Oncology, Inc. first filing$54.21M2023-08-15Menlo Park, CABrett Ewald, Dan Estes +6
Aeovian Pharmaceuticals, Inc. first filing$50.42M2024-05-13Berkeley, CAAllison Hulme, John Kincaid +6
Alto Neuroscience, Inc.$50M2025-10-27Mountain View, CAAmit Etkin, Michael Hanley +7
Jaguar Health, Inc.$40.80M2026-07-01San Francisco, CALisa Conte, Carol Lizak +7
AN2 Therapeutics, Inc. first filing$40M2026-03-25Menlo Park, CAEric Easom, Joshua Eizen +10
NEKTAR THERAPEUTICS first filing$30M2024-03-19San Francisco, CAHoward Robin, Sandra Gardiner +7
Spiral Therapeutics Inc$27.09M2026-04-16South San Francisco, CAHugo Peris, Anthony Adamis +7
Capacity Bio, Inc. first filing$19.21M2023-01-18Palo Alto, CAKenneth Horne, Cristina Ghenoiu +3
TALPHERA, INC.$16.98M2025-09-15San Mateo, CAVincent Angotti, Badri Dasu +8
resistanceBio, Inc. first filing$12.78M2024-01-31Menlo Park, CANicholas Goldner, Christopher Bulow +2
Jaguar Health, Inc.$10.81M2025-11-24San Francisco, CALisa Conte, Carol Lizak +7
Cyclarity Therapeutics, Inc. first filing$10.29M2024-12-30Novato, CAMichael Kope, Matthew O'Connor
CERO THERAPEUTICS HOLDINGS, INC. first filing$10.19M2024-02-23South San Francisco, CABrian Atwood, Michael Byrnes +2
ACELRX PHARMACEUTICALS INC first filing$10M2023-07-28Hayward, CAVincent Angotti, Pamela Palmer +8
Aridis Pharmaceuticals, Inc. first filing$8M2022-10-12Los Gatos, CAVu Truong, Eric Patzer +5
TALPHERA, INC.$6M2024-01-29San Mateo, CAVincent Angotti, Pamela Palmer +10
MODULO BIO, INC. first filing$5.85M2024-11-20Los Altos, CAMichael Horowitz, Alexander Patterson +2
CERO THERAPEUTICS HOLDINGS, INC.$5M2025-05-06South San Francisco, CAChris Ehrlich, Andrew Kucharchuk +6
TALPHERA, INC.$4.92M2025-04-17San Mateo, CAVincent Angotti, Badri Dasu +8
Aridis Pharmaceuticals, Inc.$4.85M2022-12-20Los Gatos, CAVu Truong, Fred Kurland +5
EPALEX Corp first filing$4.26M2022-10-14Mountain View, CABrendan Magrab, Randall Murphy +3
EPALEX Corp$4M2024-12-20Mountain View, CABrendan Magrab, Didric Cederholm +3
NovaBay Pharmaceuticals, Inc. first filing$3M2023-05-18Emeryville, CAJustin Hall, Swan Sit +8
Jaguar Health, Inc.$2.38M2025-09-23San Francisco, CALisa Conte, Carol Lizak +7
Jaguar Health, Inc.$2M2026-07-01San Francisco, CALisa Conte, Carol Lizak +7
Jaguar Health, Inc. first filing$1.86M2023-05-11San Francisco, CALisa Conte, Carol Lizak +6
Jaguar Health, Inc. first filing$1.83M2023-05-11San Francisco, CALisa Conte, Carol Lizak +6
Jaguar Health, Inc.$1.50M2025-05-28San Francisco, CALisa Conte, Carol Lizak +7
CERO THERAPEUTICS HOLDINGS, INC.$1.25M2024-10-04South San Francisco, CABrian Atwood, Andrew Kucharchuk +5
EPALEX Corp$1.20M2025-11-10Mountain View, CABrendan Magrab, Didric Cedarholm +3
Aarvik Therapeutics, Inc. first filing$1.17M2024-12-11Hayward, CAJagath Reddy Junutula, Anula Jayasuriya +3
Jaguar Health, Inc.$1M2025-10-10San Francisco, CALisa Conte, Carol Lizak +7
NovaBay Pharmaceuticals, Inc.$665K2024-04-05Emeryville, CAJustin Hall, Yongxiang (sean) Zheng +6
NovaBay Pharmaceuticals, Inc.$555K2024-01-04Emeryville, CAJustin Hall, Swan Sit +6
NovaBay Pharmaceuticals, Inc.$226K2024-06-28Emeryville, CAJustin Hall, Swan Sit +6
Reiley Pharmaceuticals, Inc. first filing$100K2022-10-18San Francisco, CAB. Silber, Keith Valentine +1
Reiley Pharmaceuticals, Inc.$98K2024-06-05San Francisco, CAB. Silber, Keith Valentine +2
Jaguar Health, Inc.$60K2023-11-30San Francisco, CALisa Conte, Carol Lizak +6
KORTUC INC.$3K2023-11-13Menlo Park, CAKazuyuki Matsuda, Seiko Kuroda
VistaGen Therapeutics, Inc. first filing—2023-02-21South San Francisco, CAShawn Singh, Jerrold Dotson +7
Transposon Therapeutics, Inc. first filing—2022-12-29Menlo Park, CALynne Rollins, Eckard Weber, MD +6

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Other sectors in San Francisco Bay Area

Pharmaceuticals in other metros

How this list is built

Every company here filed a Form D with the SEC from this sector and metro. A Form D is the notice a company files when it sells shares or other securities without a public offering, so it catches seed rounds, small rounds and rounds that were never announced, alongside the large ones that make the news. Only new offerings by operating companies count: amendments, pooled investment funds, real estate vehicles and special purpose vehicles are left out, so each row is a company raising money for itself.

The amount shown is the total the filing reports as sold so far. Some filings report nothing sold yet; those rows show a dash and add nothing to the totals. "First filing" marks a company whose first Form D on record this is. Each company links to our page for the filing, or to the SEC's own copy, and the list can be copied as CSV for a spreadsheet.

Download this data (CSV)46 rows, with sources. Free with an account.

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Permanent URL: https://mentionfox.com/funding/pharma/sf-bay-area
Last updated 2026-11-10
Pharmaceuticals startups in San Francisco Bay Area. MentionFox, 2026-11-10. https://mentionfox.com/funding/pharma/sf-bay-area