How much did Satellos Bioscience raise?

Satellos Bioscience raised $33.3 Million in a funding round on May 10, 2023.

Who are the decision-makers at Satellos Bioscience?

Fundz holds 1 contact at Satellos Bioscience, including the Executive Officer, Director, Promoter. Names and contact details are shown to Fundz members.

Satellos Bioscience reported raising $33.3 Million in an initial SEC Form D filing, from an offering of $33.3 Million

PUBLIC · MSLEMay 25, 2023

Amount Raised

$33.3 Million

$33.3 Million sold, per SEC Form D (first sale May 10, 2023)

Round Type

Venture

TorontoBiotechnology

Quick answer

Satellos Bioscience raised $33.3 Million in a funding round, dated May 10, 2023. Satellos Bioscience is based in Toronto, Ontario, Canada.

How much did Satellos Bioscience raise?: Satellos Bioscience raised $33.3 Million in a funding round on May 10, 2023.
What does Satellos Bioscience do?: Satellos is a regenerative medicine company dedicated to developing novel therapeutics that stimulate or restore muscle regeneration in severe disorders.
Where is Satellos Bioscience based and how big is it?: Satellos Bioscience is based in Toronto, Ontario, Canada.
Who are the decision-makers at Satellos Bioscience?: Fundz holds 1 contact at Satellos Bioscience, including the Executive Officer, Director, Promoter. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology around the same time

Companies in the same sectors as Satellos Bioscience that raised within 45 days of this round, from Fundz verified event records.

S4 Medical Corp. raised $5.8M on June 23, 2023.
AvoMD raised $5M (Funding Round) on June 23, 2023.
DiaMedica Therapeutics raised $38M on June 23, 2023.
BioSynchronicity raised $25K (Pre-Seed) on June 23, 2023.
Calidi Biotherapeutics raised an undisclosed amount (Series B) on June 23, 2023.
Myra Vision raised $12M on June 23, 2023.

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Company Information

Company

Satellos Bioscience

Location

65 FRONT STREET EAST

Toronto, Ontario, Canada

About

Satellos is a regenerative medicine company dedicated to developing novel therapeutics that stimulate or restore muscle regeneration in severe disorders. Satellos was founded on the discovery that dysregulated muscle stem-cell polarity - a process that balances replenishment of muscle stem cells and production of specialized tissue cells- can lead to the inability of the body to properly repair and regenerate muscle throughout life. Satellos' lead program is focused on developing an oral therapeutic drug for Duchenne muscular dystrophy that serves to correct this dysregulation which Satellos has identified as a root cause of the progressive nature of this disease. Satellos believes defects in muscle regeneration play a critical underlying role in numerous muscle disorders spanning rare diseases through to mass market indications. Accordingly, Satellos applies its proprietary discovery platform, MyoReGenX, to identify regulatory pathways and drug candidates to treat muscle disorders where stem cell polarity is dysregulated.

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Related People

1 contact

Verified contactsFrank G., Executive Officer, Director, Promoter hiddenSee plans and pricing

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Satellos Bioscience 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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