Tech Company Financing Transactions
Ray Therapeutics Funding Round
California Institute for Regenerative Medicine participated in a $8 million capital raise for Ray Therapeutics. The financing round was announced on 9/30/2026.
Transaction Overview
Company Name
Announced On
9/30/2026
Transaction Type
Debt
Amount
$8,000,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to advance the ongoing Phase 1/2 clinical trial and manufacturing activities for RTx-021 in the treatment of Stargardt disease.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
3625 Dudley St.
San Diego, CA 92106
USA
San Diego, CA 92106
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Ray Therapeutics is developing novel optogenetics gene therapies for patients with blinding diseases. The company is developing its lead candidate Ray-001 in retinitis pigmentosa, a degenerative retinal disease with significant unmet medical need.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Paul Bresge
Chief Operating Officer
Andrew Howard
VP - Manufacturing
Crawford Brown
VP - Regulatory Affairs
Kathrin Schalper
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