Tech Company Financing Transactions
Rakuten Medical Funding Round
Rakuten Medical closed a $100 million Series F funding round on 1/7/2026. Investors included TaiAx Life Science Fund.
Transaction Overview
Company Name
Announced On
1/7/2026
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$100,000,000
Round
Series F
Investors
Proceeds Purpose
The company intends to use the funds to advance its top priority: securing U.S. regulatory approval for ASP-1929.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
900 Concar Dr.
San Mateo, CA 94402
USA
San Mateo, CA 94402
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Rakuten Medical, Inc. is a global biotechnology company developing precision, cell-targeting investigational therapies on its Illuminox technology platform which, in pre-clinical studies have been shown to induce rapid and selective cell killing and tumor necrosis. Illuminox therapies have not yet been approved as safe or effective by any regulatory authority.
Management Team
Title
Name
Email & Social
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