<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: Redmile Capital Offshore Fund (ERISA), Ltd. -->
          <cik>0001657545</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>


    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0001434316</issuerCik>
      <issuerName>FATE THERAPEUTICS INC</issuerName>
      <secFileNumber>001-36076</secFileNumber>
      <issuerAddress>
        <com:street1>12278 Scripps Summit Drive</com:street1>
        <com:city>San Diego</com:city>
        <com:stateOrCountry>CA</com:stateOrCountry>
        <com:zipCode>92131</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>858-875-1800</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Redmile Capital Offshore Fund (ERISA), Ltd.</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Director,10% Stockholder</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Common Stock, $0.001 par value</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Morgan Stanley</name>
        <address>
          <com:street1>1585 Broadway</com:street1>
          <com:city>New York</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10036</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>135134</noOfUnitsSold>
      <aggregateMarketValue>758101.74</aggregateMarketValue>
      <noOfUnitsOutstanding>98161823</noOfUnitsOutstanding>
      <approxSaleDate>04/14/2023</approxSaleDate>
      <securitiesExchangeName>NASDAQ</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock, $0.001 par value</securitiesClassTitle>
      <acquiredDate>11/02/2015</acquiredDate>
      <natureOfAcquisitionTransaction>Open Market Purchases</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Shares were purchased in open market transactions</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>2000</amountOfSecuritiesAcquired>
      <paymentDate>11/02/2015</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock, $0.001 par value</securitiesClassTitle>
      <acquiredDate>11/03/2015</acquiredDate>
      <natureOfAcquisitionTransaction>Open Market Purchases</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Shares were purchased in open market transactions</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>1000</amountOfSecuritiesAcquired>
      <paymentDate>11/03/2015</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock, $0.001 par value</securitiesClassTitle>
      <acquiredDate>12/01/2015</acquiredDate>
      <natureOfAcquisitionTransaction>Open Market Purchases</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Shares were purchased in open market transactions</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>2700</amountOfSecuritiesAcquired>
      <paymentDate>12/01/2015</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock, $0.001 par value</securitiesClassTitle>
      <acquiredDate>01/04/2016</acquiredDate>
      <natureOfAcquisitionTransaction>Open Market Purchases</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Shares were purchased in open market transactions</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>3000</amountOfSecuritiesAcquired>
      <paymentDate>01/04/2016</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock, $0.001 par value</securitiesClassTitle>
      <acquiredDate>02/01/2016</acquiredDate>
      <natureOfAcquisitionTransaction>Open Market Purchases</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Shares were purchased in open market transactions</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>6054</amountOfSecuritiesAcquired>
      <paymentDate>02/01/2016</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock, $0.001 par value</securitiesClassTitle>
      <acquiredDate>04/01/2016</acquiredDate>
      <natureOfAcquisitionTransaction>Open Market Purchases</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Shares were purchased in open market transactions</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>3000</amountOfSecuritiesAcquired>
      <paymentDate>04/01/2016</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock, $0.001 par value</securitiesClassTitle>
      <acquiredDate>05/02/2016</acquiredDate>
      <natureOfAcquisitionTransaction>Open Market Purchases</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Shares were purchased in open market transactions</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>8900</amountOfSecuritiesAcquired>
      <paymentDate>05/02/2016</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock, $0.001 par value</securitiesClassTitle>
      <acquiredDate>06/01/2016</acquiredDate>
      <natureOfAcquisitionTransaction>Open Market Purchases</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Shares were purchased in open market transactions</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>3300</amountOfSecuritiesAcquired>
      <paymentDate>06/01/2016</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock, $0.001 par value</securitiesClassTitle>
      <acquiredDate>07/01/2016</acquiredDate>
      <natureOfAcquisitionTransaction>Open Market Purchases</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Shares were purchased in open market transactions</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>5200</amountOfSecuritiesAcquired>
      <paymentDate>07/01/2016</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock, $0.001 par value</securitiesClassTitle>
      <acquiredDate>08/01/2016</acquiredDate>
      <natureOfAcquisitionTransaction>Open Market Purchases</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Shares were purchased in open market transactions</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>4800</amountOfSecuritiesAcquired>
      <paymentDate>08/01/2016</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock, $0.001 par value</securitiesClassTitle>
      <acquiredDate>09/01/2016</acquiredDate>
      <natureOfAcquisitionTransaction>Open Market Purchases</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Shares were purchased in open market transactions</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>17100</amountOfSecuritiesAcquired>
      <paymentDate>09/01/2016</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock, $0.001 par value</securitiesClassTitle>
      <acquiredDate>09/25/2018</acquiredDate>
      <natureOfAcquisitionTransaction>Purchase in Public Offering</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>60400</amountOfSecuritiesAcquired>
      <paymentDate>09/25/2018</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock, $0.001 par value</securitiesClassTitle>
      <acquiredDate>09/16/2019</acquiredDate>
      <natureOfAcquisitionTransaction>Purchase in Public Offering</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>17680</amountOfSecuritiesAcquired>
      <paymentDate>09/16/2019</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <noticeSignature>
      <noticeDate>04/14/2023</noticeDate>
      <signature>/s/ Jennifer Ciresi, Gen Counsel &amp; Chief Compl Off, Redmile Group, LLC, the invest. manager of Redmile Capital Offshore Fund (ERISA), Ltd.</signature>
    </noticeSignature>
  </formData>
</edgarSubmission>
