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Retinal Degeneration Fund

Retinal Degeneration Fund

Raleigh, North Carolinaretinaldegenerationfund.org

Overview

The Retinal Degeneration Fund (RD Fund) is the venture philanthropy arm of the Foundation Fighting Blindness, making mission-related investments in companies developing treatments and cures for inherited retinal diseases and dry age-related macular degeneration.

Year Founded

2018

AUM

$122M

Portfolio Companies

11

Investments

Retinal Degeneration Fund investments
CompanyDateStageLead
Beacon TherapeuticsJan 2026Series CCo-investor
Perceive PharmaFeb 2025Series ACo-investor
Perceive BioJan 2023Series B-
SparingVisionSep 2022Series BCo-investor
Nacuity Pharmaceuticals, Inc.Jun 2022Series B-
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Key People

Maureen Okereke

Chief Executive Officer

Rusty Kelley

Managing Director, Senior Vice President, Investments And Alliances

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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FAQ

Where is Retinal Degeneration Fund based?

Retinal Degeneration Fund is headquartered in Raleigh, North Carolina, United States.

When was Retinal Degeneration Fund founded?

Retinal Degeneration Fund was founded in 2018.

How many portfolio companies does Retinal Degeneration Fund have?

Retinal Degeneration Fund has 11 portfolio companies in Caplight's dataset.

What are some companies in Retinal Degeneration Fund's portfolio?

Recent investments visible on Caplight include Beacon Therapeutics, Perceive Pharma, Perceive Bio, SparingVision, Nacuity Pharmaceuticals, Inc..

What was Retinal Degeneration Fund's most recent investment?

Retinal Degeneration Fund's most recent investment on Caplight was in Beacon Therapeutics in 2026.

What sectors does Retinal Degeneration Fund focus on?

Retinal Degeneration Fund focuses on Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences.

What company stages does Retinal Degeneration Fund focus on?

Retinal Degeneration Fund typically invests at the Early stage.

What is Retinal Degeneration Fund's AUM?

Retinal Degeneration Fund's assets under management are estimated between $122.0M and $122.0M.

Firmographic Details

HeadquartersRaleigh, North Carolina
Year Founded2018
AUM$122M

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