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Claris Biotherapeutics has secured $118 million in a Series B funding round led by Samsara BioCapital and Catalio Capital Management to develop its experimental eye drug.

PRIVATEJul 28, 20262 days ago

Amount Raised

$118 Million

Round Type

Series B

Jersey CityBiotechnology

Investors

Novo HoldingsSofinnova InvestmentsCatalio Capital ManagementSamsara Bio Capital

Description

Claris Biotherapeutics has netted $118 million to support its bid to develop an experimental eye drug targeting limbal stem cell deficiency. The round was co-led by Samsara BioCapital and Catalio Capital Management, alongside other investors like Sofinnova Investments and Novo Holdings. The funds will aid Claris in propelling its prospect into late-stage testing early next year. The newly appointed CEO, Stephen Brady, emphasizes the significant opportunities in ophthalmological indications.

Company Information

Company

Claris Biotherapeutics

Location

299 PAVONIA AVENUE 3-8

Jersey City, New Jersey, United States

About

Claris Biotherapeutics develops a topical formulation intended to cure corneal wounds, ulcers, and scars. The formulation creates a recombinant hepatocyte growth factor which accelerates the healing process, providing healthcare providers noninvasive therapeutic treatment.

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Funding Insights

Based on industry data
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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