Name: Bit bio
Price range: $$

Bit bio

Business Name: Bit bio

Category: UK

Business Description: Elpis Biomed aims to become a leading, global supplier of in vitro cell types for academic research and commercial drug discovery & development purposes. The cells could provide an alternative to the limited supply of primary cells and replace animal studies in other cases. Elpis Biomed’s proprietary technology allows rapid generation of highly mature, differentiated cell types at unmatched purity. The process is scalable with the potential to expand product offering with additional cell-types in the neuro-mesoderm focus area. Initial products will be cortical neurons, oligodendrocytes and skeletal muscle cells to be sold to academic research groups and pharma/biotech customers.

Based in: Cambridge

Tags: Biotechnology, Commercial, Health Care

Total Funding: Above €25 million

Founded: 2016

Website: bit.bio/

Articles about Bit bio:

October 23, 2020 Weekly VC Overview: All 65 European funding rounds we tracked this week (Oct. 19-23, 2020)
October 22, 2020 China’s digital yuan is already here. Do we need a digital euro?
October 19, 2020 Italian e-mobility scaleup Blubrake lands €5.2 million to expand its innovative safety tech for e-bikes
October 16, 2020 Weekly VC Overview: All 73 European funding rounds we tracked this week (Oct. 12-16, 2020)
October 13, 2020 “Everyone can become a city farmer”: Interview with iFarm’s co-founder and CEO Max Chizhov
October 9, 2020 Weekly VC Overview: All 69 European funding rounds we tracked this week (Oct. 5-9, 2020)
October 6, 2020 The future of agtech: wearables for cows, vertical farming & AI
October 2, 2020 Weekly VC Overview: All 74 European funding rounds we tracked this week (Sept. 28 – Oct. 2, 2020)
October 1, 2020 French beautytech 4.5.6 Skin, dedicated to melanin-rich complexions, raises €700K and unveils first skincare line
September 30, 2020 Blue biotech: What is it, and why do European startups have the potential to lead the sector?
September 16, 2020 Crista Galli Ventures launches evergreen fund to revolutionise healthtech investing in Europe
August 31, 2020 British femtech Callaly, inventor of the ‘tampliner’, lands €1.9 million via Crowdcube to expand internationally
August 3, 2020 “Insects will play an important role in tomorrow’s food chain”: Interview with Aude Guo, co-founder of Innovafeed
July 22, 2020 Why Romania, Hong Kong and Singapore are great places to start a business (Sponsored)
July 15, 2020 300% growth in Q1 of this year – Interview with Devan Hughes, founder and CEO of the grocery delivery platform Buymie
July 9, 2020 Europe’s green search engine Ecosia reaches milestone of 100 million trees planted
July 3, 2020 Episode 1 of the EU-Startups Podcast: The BIG PITCH!
July 1, 2020 Copenhagen-based Beyond Leather Materials raises €1.1 million to make sustainable leather from apple pulp

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