RA Capital Management

Activity from announced rounds

Activity in this selectionFeb 28, 2026 · Feb 1, 2026

RA Capital Management founds, funds and scales companies in healthcare and planetary health, combining scientific research with capital from seed through public-market financings.

Its TechAtlas research platform informs investment decisions through detailed scientific and market analysis. Raven, its healthcare incubator, works on originating and co-creating companies, giving researchers a route from a scientific idea to a funded business.

Blackbird provides a clinical development accelerator alongside the investment platform. These capabilities are relevant for founders who need to design a development programme and reach clinical milestones, as well as finance laboratory or commercial work.

Sources
Rounds participated in
3
Confirmed lead rounds
—
3 roles undisclosed
New companies
3
First participation on record · 0 follow-on
Funding in participating rounds
$274M
3 disclosed · full round size, not this investor’s share

By stage

Series A2
Series B1

By primary sector

Biotech2
Climate tech1

By country

United States3

Rounds

3 in this selection
Slate Medicines

Advancing next-generation therapeutics for migraine and other headache disorders

$130MSeries A
Role not disclosed
Avalanche Energy

Develops modular compact fusion machines for clean energy applications

$29MSeries A
Role not disclosed