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Rakuten Medical

Photoimmunotherapy drugs that target cancer cells

Raised to date

$113.4M

of $118.5M offered across 3 Form D filings

Still open
$5.2M
Investors
15
Last filed
Apr 13, 2026

About

Rakuten Medical, Inc. is a biotechnology company focused on developing advanced cancer treatments through their innovative photoimmunotherapy technology. Their mission is to provide more precise and effective therapeutic options, specifically targeting cancer cells to minimize collateral damage to healthy tissues.

The company's unique approach lies in its use of light-activated drugs combined with targeted antibodies, offering new hope for precision cancer treatment.

Funding

$116.7M, first sold Jul 2025$111.5M sold$5.2M still open20252026
Now
  • EquityFiled Apr 13, 2026Form D
    $111.5M/ $116.7M
  • Security to be acquiredFiled May 7, 2025Form D/A
    $1.9M/ $1.9M
  • Security to be acquiredFiled Feb 5, 2025Form D
    $1.4M/ $1.4M

Product

ASP-1929

Photoimmunotherapy

ASP-1929 is a pioneering cancer treatment under development that employs Rakuten Medical's photoimmunotherapy technology. This approach uses antibodies that specifically bind to cancer cells and are activated by an external light source, enhancing treatment precision.

  • Light-activated therapy
  • Specifically targets cancer cells
  • Minimizes damage to healthy tissue

Built for

Healthcare providers and medical facilities

People on file