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Tenpoint Therapeutics raises $85M in Series B to accelerate commercialization of FDA-approved presbyopia treatment Yuvezzi.

PRIVATESep 24, 2026about 3 hours ago

Amount Raised

$85 Million

Round Type

Series B

SeattleBiotechnologyHealth CareTherapeutics

Description

Tenpoint Therapeutics, a Warren, New Jersey-based biotech developing treatments for age-related vision conditions, announced an $85 million Series B funding round in January. The company also secured a $150 million nondilutive senior secured term loan facility with Hercules Capital, bringing total capital to $235 million. Tenpoint is using the combined funding to accelerate commercialization of Yuvezzi, its FDA-approved dual-agent eye drop for presbyopia, which became available nationwide in March. The company is actively hiring across multiple regions to support its commercial expansion.

Company Information

Company

Tenpoint Therapeutics

Location

Seattle, Washington, United States

About

Tenpoint is a biotechnology company committed to advancing engineered cell-based therapies and in vivo reprogramming to restore vision for people with degenerative ocular diseases, bringing together the global experts who are shaping the regenerative ocular medicine revolution and the technologies that are driving it. We are addressing the ultimate cause of vision loss by replacing diseased cells with healthy ones to permanently restore vision. Tenpoint’s global team is united by our passion for science and our commitment to patients.

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Funding Insights

What this usually means
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

Tenpoint Therapeutics 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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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 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.