Altis Biosystems Overview
- Year Founded
-
2015
- Status
-
Private
- Employees
-
27
- Latest Deal Type
-
Series A2
- Latest Deal Amount
-
$2.13M
- Investors
-
22
Altis Biosystems General Information
Description
Developer of a stem cell technology designed to recreate the human intestinal epithelium and colonic epithelium for compound screening and microbiome research. The company's technology produces a layer of human or animal intestinal stem and differentiated cells either of the small or large intestines, enabling scientists to develop safe and more effective drugs using normal human intestinal tissue and reducing the need for animal testing.
Contact Information
Website
www.altisbiosystems.comCorporate Office
- 6 Davis Drive
- Suite 159
- Durham, NC 27709
- United States
Corporate Office
- 6 Davis Drive
- Suite 159
- Durham, NC 27709
- United States
Altis Biosystems Timeline
Altis Biosystems Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 15. Later Stage VC (Series A2) | 07-Apr-2025 | $2.13M | Completed | Generating Revenue | ||
| 14. Grant | 01-Sep-2023 | Completed | Generating Revenue | |||
| 13. Grant | 01-Jul-2023 | Completed | Generating Revenue | |||
| 12. Grant | 30-Sep-2022 | Completed | Generating Revenue | |||
| 11. Later Stage VC (Series A) | 22-Sep-2022 | Completed | Generating Revenue | |||
| 10. Grant | 01-Jul-2022 | Completed | Generating Revenue | |||
| 9. Debt - General | 23-Jun-2022 | Completed | Generating Revenue | |||
| 8. Grant | 09-May-2022 | Completed | Generating Revenue | |||
| 7. Grant | 01-May-2022 | $992K | $3.15M | Completed | Generating Revenue | |
| 6. Grant | 02-Feb-2021 | $75K | $3.15M | Completed | Generating Revenue |
Altis Biosystems Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A-2 | ||||||||
| Series A | ||||||||
| Seed-2 | 30,915 | $0.001000 | $2.23 | $2.23 | 1x | $2.23 | 0.75% | |
| Seed-1 | 710,592 | $0.001000 | $4.27 | $4.27 | 1x | $4.27 | 17.23% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Altis Biosystems Patents
Altis Biosystems Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2026198515-A1 | Cell co-culture systems and methods of use | Pending | 18-Mar-2025 | ||
| WO-2026090172-A1 | Cell culture systems comprising micropatterned arrays and methods of use | Pending | 21-Oct-2024 |
Altis Biosystems Signals
Altis Biosystems Investors (22)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| 2ndF | Family Office | Minority | ||
| NC Tweener Fund | Venture Capital | Minority | ||
| Alexandria Venture Investments | Venture Capital | Minority | ||
| Bioventure Partners | Venture Capital | Minority | ||
| Checkmate Capital | Venture Capital | Minority |
Altis Biosystems Investments (1)
Altis Biosystems’s most recent deal was a Grant with Plakous Therapeutics for . The deal was made on 30-Dec-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Plakous Therapeutics | 30-Dec-2022 | Grant | Drug Discovery |
Altis Biosystems FAQs
-
When was Altis Biosystems founded?
Altis Biosystems was founded in 2015.
-
Where is Altis Biosystems headquartered?
Altis Biosystems is headquartered in Durham, NC.
-
What is the size of Altis Biosystems?
Altis Biosystems has 27 total employees.
-
What industry is Altis Biosystems in?
Altis Biosystems’s primary industry is Biotechnology.
-
Is Altis Biosystems a private or public company?
Altis Biosystems is a Private company.
-
What is the current valuation of Altis Biosystems?
The current valuation of Altis Biosystems is .
-
What is Altis Biosystems’s current revenue?
The current revenue for Altis Biosystems is .
-
How much funding has Altis Biosystems raised over time?
Altis Biosystems has raised $8.78M.
-
Who are Altis Biosystems’s investors?
2ndF, NC Tweener Fund, Alexandria Venture Investments, Bioventure Partners, and Checkmate Capital are 5 of 22 investors who have invested in Altis Biosystems.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process