Ray Therapeutics

Raised $125M in a Series B round, announced 21 April 2026.

Round

Ray Therapeutics raised an upsized, oversubscribed $125 million Series B to advance its vision restoration treatments.

Amount
$125M
Stage
Series B
Announced
21 April 2026
Lead
Janus Henderson Investors
Other investors
Adage Capital Management, Franklin Templeton, Invus, Marshall Wace, 4BIO Capital, Deerfield Management, MRL Ventures Fund, Norwest, Novo Holdings A/S, Platanus
Use of funds
Late-stage clinical development and commercial readiness for RTx-015, and clinical studies for RTx-021.
Checked
Amount and date checked against the press source

Company

Develops treatments aimed at restoring vision in people with retinal disease.

Based in
Berkeley
Sector
Health
Website
raytherapeutics.com ↗

Founder

  • Paul BresgeChief Executive Officer and Co-Founder

Sources and links

Source
Ray Therapeutics Announces Upsized and Oversubscribed $125 Million Series B Financing for Vision Restoration T news.google.com
Website
raytherapeutics.com ↗
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