Analysis

August 13, 2024

Riding the Wegovy wave: The startups shifting focus to GLP-1s to tap the $150bn weight loss drug market

Founders and investors see massive potential in the new drug class — but funding is yet to flood startups in the sector


The meteoric rise of a new class of weight loss drugs over the past two years, known as GLP-1s, has seen a new name take the title of Europe’s most valuable company, helped a country dodge a recession and hit grocery sales in the US.

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Screenshot from Numan's website
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Kai Nicol-Schwarz

Kai Nicol-Schwarz was a senior reporter at Sifted. He covered AI and UK tech.

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