Rakuten Medical

Raised $70M in a Series F round, announced 7 January 2026.

Total raised
$70M

Latest round Series FCountry United StatesSector Health

Round

$70MSeries F, 7 January 2026

Funds a global Phase 3 program for ASP-1929 toward a 2028 FDA BLA submission.

Amount
$70M
Stage
Series F
Announced
7 January 2026
Lead
TaiAx Life Science Fund
Other investors
Daiwa Securities, Mitsui Sumitomo Insurance
Use of funds
Funds a global Phase 3 program for ASP-1929 toward a 2028 FDA BLA submission.
Checked
Announced by the company
Sources
Rakuten Medical raises $100M in oversubscribed Series F rakuten-med.com
Rakuten Medical raises $100M in oversubscribed Series F prnewswire.com
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Company

Develops photoimmunotherapy cancer treatments, lead candidate ASP-1929

Based in
San Diego, United States
Sector
Health
Website
rakuten-med.com ↗

Links

Website
rakuten-med.com ↗

Questions

How much has Rakuten Medical raised?

Rakuten Medical raised $70M in a Series F round, announced on 7 January 2026.

Who invested in Rakuten Medical?

TaiAx Life Science Fund led. Investors include TaiAx Life Science Fund, Daiwa Securities and Mitsui Sumitomo Insurance.