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Gelomics raised $2.2 million in a pre-Seed round led by Jelix Ventures to develop animal-free medical research technology

PRIVATEJul 05, 2024

Amount Raised

$2.2 Million

Round Type

Pre-Seed

BrisbaneBiotechnology

Investors

Jelix VenturesQueensland Investment Corporation (Qic) Enterprise Acceleration FundAngelloop

Description

Brisbane biotech startup Gelomics has raised $2.2 million in pre-Seed funding to support the development of its 3D tissue culture system, which aims to eliminate the need for animal testing in pharmaceutical drug development. The round was led by Jelix Ventures and included the Queensland Investment Corporation (QIC) Enterprise Acceleration Fund and Angelloop.

Quick answer

Gelomics raised $2.2 Million in a Pre-Seed round, dated July 5, 2024. Investors: Jelix Ventures, Queensland Investment Corporation (Qic) Enterprise Acceleration Fund and Angelloop. Gelomics is based in Brisbane, Queensland, Australia.

How much did Gelomics raise?
Gelomics raised $2.2 Million in a Pre-Seed round on July 5, 2024.
Who invested in Gelomics?
Jelix Ventures, Queensland Investment Corporation (Qic) Enterprise Acceleration Fund and Angelloop are named as investors in this round.
What does Gelomics do?
Gelomics is a Brisbane biotech startup that has developed a 3D tissue culture system, aiming to eliminate the need for animal testing in pharmaceutical drug development.
Where is Gelomics based and how big is it?
Gelomics is based in Brisbane, Queensland, Australia. Fundz records about 13 employees.
Who are the decision-makers at Gelomics?
Fundz holds 1 contact at Gelomics. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology around the same time

Companies in the same sectors as Gelomics that raised within 45 days of this round, from Fundz verified event records.

  • Modifi Bio raised $996K (Seed) on August 19, 2024.
  • Candid Therapeutics raised $206M on August 19, 2024.
  • Spotless Materials raised $1.6M (Seed) on August 19, 2024.
  • Metakosmos raised $2M (Pre-Seed) on August 19, 2024.
  • Viome raised $25M on August 19, 2024.
  • MolecuLight raised $12M (Series C) on August 16, 2024.

Who to call at Gelomics, and when

A new round usually means Gelomics is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Gelomics raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Gelomics, from your own LinkedIn network

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Company Information

Company

Gelomics

Location

Brisbane, Queensland, Australia

About

Gelomics is a Brisbane biotech startup that has developed a 3D tissue culture system, aiming to eliminate the need for animal testing in pharmaceutical drug development. Their technology paves the way for more ethical, reliable, cost-effective, and efficient medical research and preclinical studies. Gelomics has demonstrated market viability with a demo-to-sales conversion rate above 80%, securing over 250 returning customers across 22 international markets.

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