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Cirrus Therapeutics Raises $11 M Seed Financing to Advance Novel Ocular Gene Therapy to Reverse Underlying Age-Related Cause of Dry AMD

1. Cirrus Therapeutics closed $11 million in seed financing for its AMD gene therapy. 2. The therapy targets IRAK-M loss, critical for managing dry AMD progression. 3. AMD affects over 200 million globally; projected to reach 288 million by 2040. 4. Current treatments only target a single pathway; new approach seeks multi-pathway intervention. 5. One-time treatment could reduce the burden of frequent existing therapies for patients.

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Why Bullish?

The substantial seed funding demonstrates investor confidence in Cirrus’ novel gene therapy, which targets a significant market need, suggesting positive growth potential for related firms like CRUS. Historical parallels can be drawn to biotech companies that saw share price boosts post-funding announcements tied to innovative therapeutics.

How important is it?

The successful advancement of gene therapies related to AMD can open new market channels for CRUS, underscoring the potential of gene therapy in treating prevalent medical conditions. Given AMD's growing prevalence and lack of effective treatments, any advancement here could have significant implications for CRUS’s market position.

Why Long Term?

With the projected increase in AMD cases and Cirrus' innovative approach, this can create sustained long-term demand for CRUS as the pipeline progresses. Previous long-term biotech success stories often correlate with advancements in treatment strategies, leading to increased market valuations.

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October 02, 2025 10:00 ET  | Source: Cirrus Therapeutics, Inc. Cirrus’ lead program is a novel AAV gene therapy designed to restore IRAK-M, a central regulator of the eye’s immune homeostasis, so as to prevent AMD progression and preserve central visionIRAK-M levels decrease with age and more prominently in people with dry AMD, presenting an important therapeutic target to combat this leading cause of vision loss in people over 50Seed funding will advance the lead program into IND-enabling studies and support a growing pipeline of next-generation ocular medicines CAMBRIDGE, Mass., Oct. 02, 2025 (GLOBE NEWSWIRE) -- Cirrus Therapeutics, an ocular immunology-focused biotech, announced today the close of an $11 million seed financing to advance its pipeline of gene and cell therapies aimed at improving quality of life and extending the ocular healthspan of patients with chronic blinding diseases. The round was led by ClavystBio, with participation from Polaris Partners and SEEDS. Cirrus will use the proceeds from the seed financing to advance its lead program into IND-enabling studies. This novel adeno-associated virus (AAV) ocular gene therapy is designed to reverse a recently identified and validated underlying cause of dry age-related macular degeneration (dry AMD): loss of IRAK-M protein, a key immune regulator expressed in retinal cells. AMD is the leading cause of vision loss for people aged 50 and over, affecting over 200 million people worldwide. This figure is projected to surge to 288 million by 2040 as the global population ages. The progressive eye disease that destroys the macula, the central part of the retina responsible for sharp, detailed vision. It typically begins with poor low-light vision and slight blurriness before gradually expanding into a central blind spot that makes it impossible to read, drive, recognize faces, or perform the daily tasks that define independent living. “Current approved treatments for dry AMD, and much of the therapeutic pipeline, target a single disease-implicated pathway -- primarily the complement cascade. To date, however, existing approaches have yet to demonstrate functional benefits. Replenishing IRAK-M expression offers an exciting opportunity to target an underlying driver of retinal degeneration – aging itself – thwarting the multi-pathway activity that leads to AMD and preventing or reversing vision loss,” said Professor Andrew Dick, Co-founder and Chief Scientific Advisor of Cirrus, as well as Head of Academic Unit of Ophthalmology, University of Bristol, and the Duke Elder Chair and Director of Institute of Ophthalmology, University College of London (UCL). In June 2024, Cirrus Therapeutics, the University of Bristol and the UCL Institute of Ophthalmology published breakthrough research in Science Translational Medicine identifying IRAK-M as a key regulator of ocular health and a novel therapeutic target for dry AMD. Expressed predominantly in retinal pigment epithelial (RPE) cells, IRAK-M maintains the retina’s immune homeostasis. Levels of this protein naturally decrease with age and fall even more sharply in people with dry AMD, leaving the retina vulnerable to chronic inflammation, mitochondrial dysfunction and oxidative stress that drive dry AMD onset and progression. In preclinical models, restoring IRAK-M to normal levels significantly protected against retinal degeneration. “We are thrilled to have the support of our committed investor syndicate as we work to deliver a safe, effective and durable treatment for a disease that robs millions of people of their vision, independence and quality of life as they age,” said Ying Kai Chan, PhD, Chief Executive Officer and Co-founder of Cirrus Therapeutics. “By pairing the disease-modifying IRAK-M target with a modality that would enable a one-time treatment, we aim to protect and preserve vision. This not only represents a major medical advance to address a highly prevalent blinding disease, but also heralds a paradigm shift for the application of gene therapy, for which approved products have been reserved for rare, monogenic diseases thus far.” “Cirrus’ bold approach focuses on pioneering novel yet well-validated biology from human genetics and aging data to deliver transformational impact in dry AMD, a disease of high unmet need. At ClavystBio, we are committed to backing Cirrus and its talented founders Kai and Andrew to advance this important therapy toward the clinic, and build its earlier stage pipeline,” said Khoo Shih, PhD, Chief Executive Officer of ClavystBio.   Ocular diseases offer a particularly compelling application for gene therapy. A durable, sustained effect from a one-time treatment for dry AMD would starkly contrast with the continual (monthly or bi-monthly) intraocular injections required by existing approved therapies for the disease. Since the eye is small, it requires only a very small dose of therapy, yielding advantages from both a manufacturing and cost perspective, making large population deployment practical. The eye is also a contained and immune-privileged tissue compartment, reducing off-target effects and immunogenicity, challenges often associated with systemic applications. About Cirrus Therapeutics Cirrus Therapeutics is a privately held ocular immunology-focused biotech revolutionizing the treatment of age-related macular degeneration (AMD) and other chronic blinding diseases with groundbreaking cell and gene therapies to preserve sight, extend ocular healthspan, and enable a better quality of life as people age. Our lead program is a preclinical stage, novel adeno-associated virus (AAV) ocular gene therapy designed to potentially reverse an underlying cause of dry AMD: loss of IRAK-M protein, a key immune regulator expressed in retinal cells. Our investor syndicate includes ClavystBio, Polaris Partners and SEEDS. For more information, visit us at www.cirrustx.com and follow us on LinkedIn. About ClavystBio ClavystBio is a life sciences investor and venture builder set up by Temasek to accelerate the commercialization of breakthrough ideas into health impact. We invest and partner with founders and entrepreneurs to launch and grow global companies from Asia. Our focus spans therapeutics, digital health and medtech, with an emphasis on first-in-class science and technology. Our collaborative space, Node 1, provides plug-and-play spaces for ventures that have graduated from incubators to progress to their next milestones. By bringing start-ups together, we foster a vibrant and supportive community. For more information, visit us at www.clavystbio.com and follow us on LinkedIn. Media Contact:Liz Meloneliz@melonecomm.com

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