Rakuten Medical
To conquer cancer.
San Diego, United States · Founded 2010 · $575.0M raised
- Headquarters
- San Diego, California
- Founded
- 2010
- Business Model
- B2B
- Website
- rakuten-med.com
- Total Funding
- $575.0M
- Last Round
- $40.0M Series BJan 2026
- Rounds
- 5
About
Rakuten Medical, Inc. (formerly Aspyrian Therapeutics, Inc.) is a global biotechnology company developing and commercializing precision, cell-targeting photoimmunotherapy based on its proprietary Alluminox® platform. Founded in 2010 in San Diego, California, the company was rebranded from Aspyrian Therapeutics to Rakuten Medical in 2019. Alluminox therapies have been approved in Japan and the company is actively pursuing global approval. Rakuten Medical has offices in 5 countries including the United States, Japan, Taiwan, Switzerland, and India.
Summary
Rakuten Medical is a Biotech company based in San Diego, United States, founded in 2010. It has raised $575.0M in total across 5 rounds, most recently a $40.0M Series B round in Jan 2026. Investors include General Catalyst and Rakuten.
Tech & App Stack
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Funding History
Jan 2026
Sign up to see all 5 rounds
Series B through Series F — per-round amounts, valuations, and who invested in each round.
Investors
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