Tech Company Financing Transactions
RhyGaze Funding Round
GV, Arch Venture Partners and BioGeneration Ventures joined a $86 million Series A funding round for RhyGaze. The round was recorded on 1/13/2025.
Transaction Overview
Company Name
Announced On
1/13/2025
Transaction Type
Venture Equity
Amount
$86,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds for further development of its lead clinical candidate, a novel gene therapy for optogenetic vision restoration in diseases causing blindness.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
Mittlere Strasse 91
Basel, 4031
Switzerland
Basel, 4031
Switzerland
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
RhyGaze is at the forefront of developing a novel gene therapy aimed at restoring vision in patients with blinding retinal diseases. RhyGaze AG, a spin-out from IOB, is developing a novel gene therapy that targets cone cells to restore vision in patients suffering from diseases causing blindness.
Management Team
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