Ollin Biosciences

Raised $330M in a Series B round, announced 24 June 2026.

Round

Ollin Biosciences closed an oversubscribed $330 million Series B to fund global Phase 3 development of OLN324.

Amount
$330M
Stage
Series B
Announced
24 June 2026
Leads
TCGX, ARCH Venture Partners
Other investors
a16z Bio+Health, Blackstone Multi-Asset Investing, Commodore Capital, Canada Pension Plan Investment Board (CPP Investments), RA Capital Management, accounts advised by T. Rowe Price Investment Management, Inc., Mubadala Capital, Monograph Capital
Use of funds
Global Phase 3 development of OLN324 in DME and wet AMD, and advancing OLN
Checked
Amount and date checked against the press source

Company

Develops OLN324 therapy for diabetic macular edema and wet age-related macular degeneration.

Based in
Austin
Sector
Health
Website
ollin.bio ↗

Founder

  • Jason EhrlichCo-founder and Chief Executive Officer

Sources and links

Source
Ollin Biosciences Announces Oversubscribed $330 Million Series B Financing to Advance Global Phase 3 Developme news.google.com
Website
ollin.bio ↗
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