RhyGaze raised $86M in a Series A round led by GV to further develop a novel gene therapy for vision restoration.
Amount Raised
$86 Million
Round Type
Series A
BaselBiotechnologyHealth CareInvestors
Description
RhyGaze secured a Series A financing of USD 86 million to advance its lead clinical candidate, a novel gene therapy for optogenetic vision restoration in diseases causing blindness. The funding will support pharmacology and toxicology testing, observational studies, and a first-in-human clinical trial.
Quick answer
RhyGaze raised $86 Million in a Series A round, dated January 10, 2025. Investors: BioGeneration Ventures, F Prime Capital, ARCH Venture Partners, Novartis Venture Fund and GV. RhyGaze is based in Basel, Basel City, Switzerland.
- How much did RhyGaze raise?
- RhyGaze raised $86 Million in a Series A round on January 10, 2025.
- Who invested in RhyGaze?
- BioGeneration Ventures, F Prime Capital, ARCH Venture Partners, Novartis Venture Fund and GV are named as investors in this round.
- What does RhyGaze do?
- RhyGaze AG is pioneering a transformative approach with cone optogenetics, which has the potential to revolutionize vision restoration for patients suffering from blindness.
- Where is RhyGaze based and how big is it?
- RhyGaze is based in Basel, Basel City, Switzerland. Fundz records about 5 employees.
Source: Fundz verified event record.
Who else raised in Biotechnology and Health Care around the same time
Companies in the same sectors as RhyGaze that raised within 45 days of this round, from Fundz verified event records.
- Castle Creek Biosciences, Inc raised $75M on February 24, 2025.
- QDI Systems raised $7.9M (Funding Round) on February 24, 2025.
- Solid IO raised $839K (Seed) on February 24, 2025.
- Humane Genomics raised an undisclosed amount (Seed) on February 21, 2025.
- Ceretas raised $1M (Seed) on February 21, 2025.
- Noah Labs raised $3.1M (Seed) on February 20, 2025.
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Funding Insights
What this usually meansRhyGaze raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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