Funding newsPublished June 1, 2026

Oak Hill Bio Raises $32.5M Series

Recently funded · $32.5M Series aHospitals and Health CareView source

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Developing life-changing medicines for extremely preterm infants and patients with rare autoimmune diseases has earned Oak Hill Bio a fresh infusion of capital. The clinical-stage biotech company has successfully closed its Series A funding round, raising $32.5M to advance its specialized pipeline.

The investment round saw participation from a notable group of backers, including Balyasny Asset Management L.P., Janus Henderson Investors, venBio, and KCap Biotechnology Fund LP, underscoring confidence in Oak Hill Bio's mission.

From the source

Eleanor · Jun 1, 2026

Oak Hill Bio (OHB) is excited to announce the close of our $32.5M Series A financing, co-led byBalyasny Asset Management L.P., Janus Henderson Investors, and venBio, with participation from KCap Biotechnology Fund LP.

The financing will support advancement of rugonersen, an investigational oligonucleotide with best-in-class potential as a treatment for Angelman syndrome, into Phase 3 development.We are also thrilled to have the support and expertise of three new members of our Board of Directors: - Douglas Fambrough, Ph.D., Founder and Portfolio Manager at KCap Biotechnology Fund- Richard Gaster, M.D., Ph.D., M

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Oak Hill Bio Raises $32.5M Series

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