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Retinal Degeneration Fund

North America, North Carolina, United States, Raleigh

Description

Retinal Degeneration Fund makes mission-related investments in therapeutic companies with projects nearing clinical testing.

Investor Profile

Retinal Degeneration Fund has backed more than 12 startups, with 2 new investments in the last 12 months alone. The firm has led 4 rounds, about 33% of its total and boasts 1 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Seed rounds (top funding stages).
  • Majority of deals are located in United States, France.
  • Strong thematic focus on Health Care, Therapeutics, Biotechnology.
  • Led 1 rounds in the past year.

Stage Focus

  • Series A (33%)
  • Series B (33%)
  • Seed (17%)
  • Series Unknown (8%)
  • Grant (8%)

Country Focus

  • United States (92%)
  • France (8%)

Industry Focus

  • Health Care
  • Therapeutics
  • Biotechnology
  • Pharmaceutical
  • Life Science
  • Genetics
  • Biopharma
  • Health Diagnostics
  • Wellness
  • Manufacturing
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Retinal Degeneration Fund frequently co-invest with?

Johnson & Johnson Innovation – JJDC
North America, Massachusetts, United States, Cambridge
Co-Investments: 2
Playground Global
North America, California, United States, Palo Alto
Co-Investments: 1
Catalio Capital Management
North America, New York, United States, New York
Co-Investments: 2
Braidwell
North America, Connecticut, United States, Stamford
Co-Investments: 2
Hummingbird Ventures
Europe, Brussels Hoofdstedelijk Gewest, Belgium, Watermael-boitsfort
Co-Investments: 1
SV Angel
North America, California, United States, San Francisco
Co-Investments: 1
Pillar VC
North America, Massachusetts, United States, Boston
Co-Investments: 1
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 1
MF
North America, Virginia, United States, Charlottesville
Co-Investments: 2
Eli Lilly
North America, Indiana, United States, Indianapolis
Co-Investments: 1

What are some of recent deals done by Retinal Degeneration Fund?

Beacon Therapeutics

Alachua, Florida, United States

Beacon Therapeutics is a biotechnology company that develops treatments to preserve and restore vision for rare and prevalent eye diseases.

BiotechnologyHealth CareLife ScienceTherapeutics
Series CJan 8, 2026
Amount Raised: $75,000,000
Opus Genetics

Raleigh, North Carolina, United States

Opus Genetics develops therapies for inherited retinal diseases and other ophthalmic or refractive disorders.

BiopharmaGeneticsHealth CareHealth DiagnosticsTherapeuticsWellness
GrantJun 23, 2025
Amount Raised: $2,000,000
Perceive Pharma

San Francisco, California, United States

Perceive Pharma operates as a pharmaceutical company.

PharmaceuticalTherapeutics
Series AFeb 18, 2025
Amount Raised: $15,000,000
NVasc

Atherton, California, United States

NVasc is an early-stage ophthalmology company with a focus on treating blindness.

Health CareMedical DeviceTherapeutics
Series UnknownOct 16, 2023
Amber Bio

San Francisco, California, United States

Amber Bio is a biotechnology company pioneering new gene editing modalities using multi-kilobase edits.

BiotechnologyPharmaceutical
SeedAug 3, 2023
Amount Raised: $26,000,000
Perceive Biotherapeutics

South San Francisco, California, United States

Perceive Biotherapeutics is a biotechnology company pioneering novel technologies and therapeutics in ophthalmology.

BiopharmaBiotechnologyLife ScienceTherapeutics
Series BJan 5, 2023
Amount Raised: $78,000,000
SparingVision

Paris, Ile-de-France, France

SparingVision is a biotechnology company developing genomic medicines for the treatment of blinding inherited retinal diseases.

BiotechnologyHealth CareLife Science
Series BSep 14, 2022
Amount Raised: $74,864,346
Nacuity Pharmaceuticals

Fort Worth, Texas, United States

Nacuity Pharmaceuticals is a pharmaceutical company that aims to develop a breakthrough treatment for retinitis pigmentosa.

Health CarePharmaceutical
Series BJun 15, 2022
Amount Raised: $16,500,000
SalioGen Therapeutics

Burlington, Massachusetts, United States

SalioGen Therapeutics is a gene coding company that develops potentially curative therapies for patients with inherited disorders.

BiotechnologyGeneticsLife ScienceTherapeutics
Series BJan 5, 2022
Amount Raised: $115,000,000
Opus Genetics

Raleigh, North Carolina, United States

Opus Genetics is a gene therapy company for ultra-rare blinding conditions.

Health CareHealth DiagnosticsWellness
SeedSep 22, 2021
Amount Raised: $19,000,000

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