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Aspect Biosystems Raises US$115 Million Series B Financing for Bioprinted Tissue Therapeutics

Jan 08, 2025•over 1 year ago

Contract Type

partnership

VancouverBiotechnologyHealth Care

Description

Aspect Biosystems has closed a US$115 million Series B financing round, led by Dimension and other investors. The financing will accelerate the development of functional cures for serious diseases and deepen Aspect’s tissue therapeutic platform.

Company Information

Company

Aspect Biosystems

Location

Vancouver, British Columbia, Canada

About

Aspect Biosystems is a biotechnology company pioneering the development of bioprinted tissue therapeutics to transform how we treat some of the most elusive diseases. Aspect’s bioprinted tissue therapeutics are designed to replace, repair, or supplement biological function inside the body. Aspect is creating these next-generation cell therapies by applying its full-stack tissue therapeutic platform, which integrates proprietary AI-powered bioprinting technology, computational design tools, therapeutic cells, and advanced biomaterials. Aspect is advancing a pipeline of bioprinted tissue therapeutics across multiple disease areas in the endocrine and metabolic space including diabetes, obesity, rare endocrine disorders, and liver disease. Aspect's pipeline development strategy involves both proprietary programs as well as strategic partnerships, including a collaboration with Novo Nordisk focused on diabetes and obesity.

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