• RhyGaze, a biotech firm based in Basel and Philadelphia, has secured $86 million in Series A funding to advance its gene therapy for vision restoration.
• The funding will support pharmacology and toxicology testing, an observational study, and a first-in-human clinical trial of the lead candidate.
• RhyGaze's therapy aims to restore high-resolution vision in blind patients by leveraging optogenetic technology and retinal biology expertise.
• The Series A round was led by Google Ventures, with participation from Arch Venture Partners, F-Prime Capital, BioGeneration Ventures, and Novartis Venture Fund.