versant-ventures
(2)
Helicore Biopharma
Helicore Biopharma is a South San Francisco clinical-stage biopharmaceutical company building first-in-class GIP (glucose-dependent insulinotropic polypeptide) antagonists for obesity and cardiometabolic disease. Its lead candidate, HCR-188, is a humanized monoclonal antibody that binds circulating GIP ligand rather than the GIP receptor, a mechanism designed to improve the quality of weight loss - favoring fat loss over lean mass when paired with GLP-1 - and to restore leptin sensitivity. Incubated by Versant Ventures, the company emerged from stealth in January 2025 with a $65 million Series A and is advancing a pipeline of long-acting antibody-peptide conjugates aimed at quarterly dosing.
Light Horse Therapeutics
Light Horse Therapeutics is a San Diego biotech founded in 2023 that flips traditional drug discovery on its head. Using a proprietary 'function-first' platform that pairs systematic CRISPR-based gene editing with chemical biology, the company first pinpoints which exact regions of a disease-driving protein are functionally critical, then hunts for small molecules that hit those precise sites. Launched out of Versant Ventures' Inception Discovery Engine with a $62M Series A and a Novartis collaboration worth up to $1 billion in milestones, Light Horse is targeting some of oncology's toughest, historically 'undruggable' proteins.