bit.bio
Company

Last deal

Amount

Undisclosed

Stage

01.05.2024

Date

4

all rounds

$145M

Total amount

General

About Company
Bit.bio is a company that codes cells for health.

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Also Known As

Elpis BioMed

founded date

01.01.2016

Number of employees

Company Type

For Profit

Last funding type

Undisclosed

IPO status

Private

Description

Bit.bio specializes in cell coding technology, which enables the production of consistent and functional human cells for research, drug discovery, and cell therapy. By applying computational principles to biology, they have developed a scalable platform capable of generating batches of every human cell. This breakthrough has the potential to revolutionize medicine by allowing researchers to work with cells that are actually affected by human diseases, rather than inappropriate models. Additionally, the platform serves as the foundation for a new generation of cell and tissue therapies. Bit.bio has assembled a team of experts in stem cells, cellular reprogramming, mathematical modeling, and cell therapy, and collaboration is at the core of their approach. Their technology democratizes access to consistent and efficient human cells, improving research, drug discovery, and the application of cell therapies.
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