Kriya Therapeutics

Kriya Therapeutics

BiotechDurhamGrowth
www.kriyatx.com

Gene therapy company developing AAV-based therapies for highly prevalent chronic diseases, including geographic atrophy, thyroid eye disease, and type 1 diabetes. Bicoastal since founding, with gene-therapy manufacturing and process development anchored in RTP and a Palo Alto office. Raised $320M Series D in September 2025, one of the largest NC life-sciences rounds of the year.

At a glance

  • Founded: 2019
  • HQ: Durham
  • Sector: Biotech
  • Stage: Growth
  • Total raised: $770.5M
  • Last round: Growth

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Sourced company notes 4 topics

Notes on Kriya Therapeutics · last checked Oct 1, 2026

Overview

Gene therapy company founded 2019 with a bicoastal structure from the start: Durham/RTP for manufacturing and process development, Palo Alto for a second office.
WRAL TechWire

Pipeline

Focally delivered AAV gene therapies for chronic diseases with large populations, including KRIYA-825 for geographic atrophy, plus programs in thyroid eye disease, type 1 diabetes, MASH, and trigeminal neuralgia.

Funding

Four sourced equity rounds totaling $770.5M: $80.5M Series A (2020), $100M follow-on (2021), $270M Series C (May 2022), and $320M Series D (September 2025, co-led by Patient Square Capital and Premji Invest with participation including Peter Thiel, Narya Capital, and The T1D Fund). Trade press reports a larger cumulative total including other financings. CED's 2025 Venture Report names the Series D among the landmark NC deals of the year.
Series D release

Team

Founded by Shankar Ramaswamy MD (CEO), Fraser Wright (co-founder of Spark Therapeutics), and Roger Jeffs (former United Therapeutics co-CEO).

Where the team studied

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Duke University

University of North Carolina at Chapel Hill

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