BiomimX
- hard tech
- biotechnology
- horizon europe
- woman founder
- spinout
- eit ecosystem
- cardiology
- eit health
- drug development
- seal of excellence ec
- techbio
- eit supernovas
- health it
- health diagnostics
- ai drug discovery
- techbio drug discovery
- headstart (eit health)
- eic
- health information
- regenerative medicine
- headstart 2018 (eit health)
- degenerative diseases
- cardiovascular
- rare diseases
Financials
Estimates*
EUR | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|
Revenues | <1m | <1m | <1m | <1m |
% growth | - | 231 % | 185 % | 101 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Spinout | ||
€43.0k | Grant | ||
€261k | Grant | ||
€50.0k | Grant | ||
$100k | Grant | ||
€75.0k | Support Program | ||
€600k | Debt | ||
N/A | €250k | Seed | |
€130k | Grant | ||
Total Funding | CAD1.3m |
Recent News about BiomimX
EditBiomimX is a pioneering startup that specializes in developing advanced preclinical models to enhance drug discovery and development. The company operates in the biotechnology and pharmaceutical sectors, serving clients such as pharmaceutical companies, research institutions, and biotech firms. BiomimX's core innovation is its "Beating Organs on Chip" technology, which replicates the dynamic, 3D environment of human tissues. This technology allows for more accurate and clinically relevant data, which is crucial for developing effective treatments tailored to individual patients.
The company's flagship product, uBeat, integrates mechanical stimulation and 3D architecture into microscale setups. This innovative approach provides a more realistic simulation of human tissue behavior, which is essential for preclinical testing. By offering these advanced models, BiomimX helps its clients reduce the time and cost associated with drug development, while also increasing the likelihood of clinical success.
BiomimX's business model is primarily B2B (business-to-business). They generate revenue by providing their cutting-edge preclinical models and related services to pharmaceutical and biotech companies. These clients use BiomimX's technology to test the safety and efficacy of new drugs before they proceed to clinical trials. Additionally, the company may engage in collaborative research projects and partnerships, further diversifying its revenue streams.
In summary, BiomimX is at the forefront of biotechnology innovation, offering advanced preclinical models that mimic human tissue dynamics. Their technology not only accelerates drug development but also enhances the accuracy of preclinical testing, making it a valuable asset for pharmaceutical and biotech companies.
Keywords: Biotechnology, Preclinical Models, Drug Development, 3D Tissue, Pharmaceutical, Biotech, Human Data, uBeat, Mechanical Stimulation, Clinically Relevant.