RayThera

San Diego, United States Founded: 2023 • Age: 3 yrs Acquired By Biogen
Small molecule therapies for immunology unmet needs are developed.
Annual revenue - Latest available
Total funding $110.0M 1 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About RayThera

RayThera is a company based in San Diego (United States) founded in 2023 by Gene Hung and Qing Dong was acquired by Biogen in June 2026. RayThera has raised $110 million across 1 funding round from investors including Biogen, Orbimed and Foresite Capital. RayThera offers products and services including Small Molecule Therapies and Innovative Drug Solutions.

  • Headquarter San Diego, United States
  • Founders Gene Hung, Qing Dong
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Raythera, Inc
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $110 M (USD)

    in 1 rounds

  • Latest Funding Round
    $110 M (USD), Series A

    Apr 04, 2025

  • Investors
    Biogen

    & 3 more

  • Employee Count
    Not available
  • Acquired by
    Biogen

    (Jun 17, 2026)

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Products & Services of RayThera

RayThera offers a comprehensive portfolio of products and services, including Small Molecule Therapies and Innovative Drug Solutions.

Product name locked
Category locked
Primary

Small molecule therapies are developed for critical unmet needs in immunology, with an emphasis on accelerating the process while upholding rigorous standards.

Product name locked
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Innovative drug solutions are provided that aim to transform patient care through adaptable approaches in drug discovery.

Funding Insights of RayThera

RayThera has successfully raised a total of $110M through 1 strategic funding round. The most recent funding activity was a Series A round of $110 million completed in April 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in RayThera

RayThera has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Biogen, Orbimed and Foresite Capital.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Multi-stage investment firm invests in healthcare and life sciences companies
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Investments are made by OrbiMed in global healthcare innovations across biopharmaceuticals and related fields.
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A leading Chinese venture capital firm in healthcare is operated.
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Investor details for RayThera

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Investments & Acquisitions by RayThera

Investments
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Investment portfolio details for RayThera

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Financial Statements - RayThera

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Detailed financials for RayThera

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Raythera Comparisons

RayThera Primary company
Description
Small molecule therapies for immunology unmet needs are deve...
Location
San Diego, United States
Founded Year
2023
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for RayThera

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Competitors of RayThera

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Detailed competitors of RayThera

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Latest news on Raythera

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Frequently Asked Questions about RayThera

RayThera was founded in 2023 and raised its 1st funding round 2 years after it was founded.

RayThera is headquartered in San Diego, United States. It is registered at San Diego, California, United States.

Qing Dong is the current CEO of RayThera. They have also founded this company.

RayThera is a funded company, having raised a total of $110M across 1 funding round to date.

RayThera was founded in 2023 and is based in San Diego, United States. Operations center on drug discovery in the immunology sector, where small molecule therapies are advanced to address unmet medical needs. Expertise is applied to accelerate development while standards are upheld. Transformative treatments are pursued to enhance patient outcomes in immunology.

RayThera offers Small Molecule Therapies and Innovative Drug Solutions.

RayThera has 4 investors. Key investors include Biogen, Orbimed, Foresite Capital, and TTM Capital.

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