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Prellis Biologics
Biotech & Life Sciences · Berkeley, United States · Founded 2016
Prellis Biologics is building human tissues for drug development, and ultimately, developing human organs for transplantation MoreLess
Prellis Biologics is a pioneering company in the field of organ and tissue engineering. The company specializes in creating biomimetic 3D cell culture scaffolds that allow for Matrigel-free, low hypoxia large organoid culture. These scaffolds enable researchers to grow human primary cells, including neurons, liver, immune cells, and patient-derived breast cancer cells, for extended periods with minimal hypoxia and spontaneous formation of complex 3D architecture. The technology is designed to tightly control the micro-scale architecture of 3D cultures, resulting in more consistent and reliable outcomes, which translates to quicker results, lower costs, and the ability to conduct more tests. Prellis Biologics' biocompatible scaffolds are built at speeds 100 times faster than any other technology, making them a valuable asset for academic and pharmaceutical research labs. The company has also generated 300 human antibodies with neutralization potential against SARS-CoV-2 and is pursuing the development of treatments and preventative therapies for COVID-19. Prellis Biologics operates in the biotechnology market, serving academic institutions and pharmaceutical companies. The business model involves selling their advanced scaffolds to research labs, which use them to produce large 3D organoids and improve tissue engraftment in transplant models. The company generates revenue through the sale of these scaffolds and related products to over 50 research labs worldwide.
Keywords: biomimetic, 3D cell culture, scaffolds, organoid culture, low hypoxia, human primary cells, biocompatible, SARS-CoV-2 antibodies, biotechnology, research labs.
Company overview
Prellis Biologics company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2016
- Headquarters
- Berkeley, United States
- Employees
- 56
- Open positions
- 5
- Dealroom signal
- 80.3
- Investment activity
- 1 companies · latest Jan 2024
- Capital deployed
- $0
- Preferred round
- CORPORATE SPINOUT
Valuation & funding
Prellis Biologics funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES COther financing | Nov 2023 | $0 | — | Indie Bio · SOSV | — |
| SERIES COther financing | Aug 2022 | $35M | $140M | Celesta Capital · True Ventures · Khosla Ventures · Lucas Venture Group | ↗ |
| SERIES BOther financing | Dec 2021 | $15M | $58M | Khosla Ventures · Celesta Capital | ↗ |
| LATE VCOther financing | Jul 2021 | $19M | $77M | Undisclosed | — |
| FundingOther financing | Apr 2020 | $0 | — | SOSV · Indie Bio | — |
| SERIES AOther financing | Mar 2019 | Khosla Ventures | — | ||
| SEEDOther financing | Apr 2018 | Plug and Play | — | ||
| CONVERTIBLEOther financing | Mar 2018 | Indie Bio · SOSV · Cantos Ventures | — | ||
| SEEDOther financing | Sep 2017 | True Ventures | — | ||
| SEEDOther financing | Sep 2017 | 415 Ventures · 415 · Civilization Ventures · True Ventures | — |
Growth signals
Prellis Biologics website traffic
Latest recorded traffic for Prellis Biologics is 3.8K monthly website visits, up 5.6% over the last three months. Prellis Biologics's team grew 9.8% over the past year.
Hiring
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Comparisons
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Capital deployed
Prellis Biologics investments and acquisitions
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Talent graph
Prellis Biologics's talent
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Investors
14 investors on Prellis Biologics's cap table
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Global footprint
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In the news
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Market sentiment
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