Fundz

Cellares Raises $82M To Solve The Biggest Hurdles In Cell Therapy Manufacturing

PRIVATEMay 05, 2021

Amount Raised

$82 Million

Round Type

Funding Round

South San FranciscoManufacturingBiotechnology

Description

Cellares Corporation, a life sciences technology company that automates cell therapy manufacturing, today announced it has secured $82 million in a Series B round, bringing total funding to date to $100 million. The round was led by new investor Decheng Capital and co-led by existing investor Eclipse Ventures. Skyviews Life Science joined as a new investor, with previous investor 8VC also participating.

Quick answer

Cellares raised $82 Million in a Funding Round round, dated May 5, 2021. Cellares is based in South San Francisco, California, United States.

How much did Cellares raise?
Cellares raised $82 Million in a Funding Round round on May 5, 2021.
What does Cellares do?
Cellares is the first Integrated Development and Manufacturing Organization (IDMO) and takes an Industry 4.0 approach to mass manufacturing the living drugs of the 21st century.
Where is Cellares based and how big is it?
Cellares is based in South San Francisco, California, United States. Fundz records about 300 employees.
Who are the decision-makers at Cellares?
Fundz holds 1 contact at Cellares, including the Co-Founder & CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Cellares

Location

345 ALLERTON AVE

South San Francisco, California, United States

About

Cellares is the first Integrated Development and Manufacturing Organization (IDMO) and takes an Industry 4.0 approach to mass manufacturing the living drugs of the 21st century. The company is both developing and operating integrated technologies for cell therapy manufacturing to accelerate access to life-saving cell therapies. The company’s Cell Shuttle integrates all the technologies required for the entire manufacturing process in a flexible and high-throughput platform that delivers true walk-away, end-to-end automation. Cell Shuttles will be deployed in Cellares’ Smart Factories around the world to meet total patient demand for cell therapies at global scale. Partnering with Cellares enables academics, biotechs, and pharma companies to accelerate drug development and scale out manufacturing, lower process failure rates, lower manufacturing costs, and meet global patient demand.

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Related People

1 contact
Verified contactsFabian G., Co-Founder & CEO hidden hiddenSee plans and pricing
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Cellares raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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