Altis Biosystems
Latest round
- Seed
Last raised
- Jul 2020
Total raised
- $6.2M
Investors
- 5
About Altis Biosystems
Altis Biosystems, Inc.Founded in 2015 in Chapel Hill, US, Altis Biosystems specializes in in vitro models for drug testing. The firm has not undergone significant pivots and operates as an independent company. The founders include Christopher Sims, Michael Biron, and Scott Magness. The CEO is Ben Scruggs.Altis Biosystems offers advanced in vitro models designed for pre-clinical drug discovery, primarily featuring their RepliGut® Systems. These systems utilize stem cell-derived models to mimic the human small intestine and colonic epithelium, allowing for the assessment of drug pharmacology, metabolism, absorption, and toxicity.The revenue model of Altis Biosystems is generated through direct sales of RepliGut® Kits and associated services to B2B clients in the pharmaceutical sector. The company aims to expand its product offerings and enhance its RepliGut® Systems. Plans include targeting new geographic markets in Europe and Asia by the end of 2022, focusing on strategic partnerships with pharmaceutical firms to broaden their client base and leverage their specialized services in drug discovery.
Who invested in Altis Biosystems
5 investors across 2 rounds
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Questions about Altis Biosystems
Who invested in Altis Biosystems?
Altis Biosystems has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Altis Biosystems raised?
Altis Biosystems has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Altis Biosystems last raise money?
Altis Biosystems's most recent round on record is a Seed, in Jul 2020.
What does Altis Biosystems do?
Altis Biosystems is a biotechnology company.
Where is Altis Biosystems headquartered?
Altis Biosystems is headquartered in Chapel Hill, US.
Which VCs invest in companies like Altis Biosystems?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back biotechnology companies at Altis Biosystems's stage. Their profiles are linked below.
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