Ray Therapeutics

Stub active Updated Apr 25, 2026

This profile is AI-generated. If you spot an error, please help us fix it by sharing a URL to the correct information.

Location Berkeley, CA
Founded 2020
Latest Stage Series B
Total Raised $200M+

About

Ray Therapeutics is a Berkeley-based clinical-stage biopharmaceutical company developing gene therapies for vision restoration in patients with severe retinal degeneration 12. Founded in 2020, its lead clinical program RTx-015 received FDA Regenerative Medicine Advanced Therapy (RMAT) Designation for retinitis pigmentosa 2. The April 2026 Series B was upsized and oversubscribed at $125M 13.

Funding History

Date Round Amount Lead Co-investors
2026-04-21 Series B $125M Janus Henderson Investors 4BIO Capital, MSD Global Health Innovation Fund, Norwest Venture Partners, Versant Ventures, Casdin Capital 13

What Investors Say

No independently sourced investor quotes found.

What Founders Say

No independently sourced founder quotes found.

Sources


  1. BusinessWire, “Ray Therapeutics Announces Upsized and Oversubscribed $125 Million Series B Financing for Vision Restoration Treatments,” April 21, 2026. https://www.businesswire.com/news/home/20260421096801/en/Ray-Therapeutics-Announces-Upsized-and-Oversubscribed-$125-Million-Series-B-Financing-for-Vision-Restoration-Treatments

  2. Ray Therapeutics newsroom, “Ray Therapeutics Receives FDA Regenerative Medicine Advanced Therapy (RMAT) Designation for RTx-015 in Retinitis Pigmentosa,” 2026, accessed April 2026. https://raytherapeutics.com/ray-therapeutics-receives-fda-regenerative-medicine-advanced-therapy-rmat-designation-for-rtx-015-in-retinitis-pigmentosa/

  3. GlobeNewswire, “4BIO Capital portfolio company Ray Therapeutics announces upsized and oversubscribed $125 Million Series B financing for vision restoration treatments,” April 21, 2026. https://www.globenewswire.com/news-release/2026/04/21/3278149/0/en/4bio-capital-portfolio-company-ray-therapeutics-announces-upsized-and-oversubscribed-125-million-series-b-financing-for-vision-restoration-treatments.html