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Pbs Biotech Raises $22M To Expand Single-Use Manufacturing Products And Services For Cell Therapy Clients

PRIVATEJan 09, 2023

Amount Raised

$22 Million

Round Type

Funding Round

CamarilloManufacturingBiotechnologyAgriculture and FarmingSoftwareHealth CareScience And EngineeringEducation

Investors

Broad Oak Capital PartnersAvego Management, LLC

Description

PBS Biotech ("PBS"), an innovative, single-use bioreactor manufacturer and process development services provider, has completed a $22 million financing led by Avego Management, LLC ("Avego") with additional investment from existing investor BroadOak Capital Partners ("BroadOak"). This financing will be used to improve the company's products portfolio, expand its process development services capability, and increase customer support for global cell therapy clients.

Quick answer

PBS Biotech raised $22 Million in a Funding Round round, dated January 9, 2023. Investors: Broad Oak Capital Partners and Avego Management, LLC. PBS Biotech is based in Camarillo, California, United States.

How much did PBS Biotech raise?
PBS Biotech raised $22 Million in a Funding Round round on January 9, 2023.
Who invested in PBS Biotech?
Broad Oak Capital Partners and Avego Management, LLC are named as investors in this round.
What does PBS Biotech do?
PBS Biotech is a leading manufacturer of single-use bioreactor systems and provider of process development services.
Where is PBS Biotech based and how big is it?
PBS Biotech is based in Camarillo, California, United States. Fundz records about 104 employees.
Who are the decision-makers at PBS Biotech?
Fundz holds 1 contact at PBS Biotech, including the Chief Executive Officer and Co-Founder. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Agriculture and Farming and Science And Engineering around the same time

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

  • MedX Health raised an undisclosed amount (Convertible Note) on January 6, 2023.
  • Sorrento Therapeutics raised $75M (Funding Round) on February 21, 2023.
  • Quantum Brilliance raised $18M (Funding Round) on February 15, 2023.
  • Tioga Cardiovascular raised $30M (Series C) on February 9, 2023.
  • Streamex Corp. raised $603K (Seed) on February 8, 2023.
  • Bluon, Inc. raised $6.6M on February 8, 2023.

Who to call at PBS Biotech, and when

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

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Company Information

Company

PBS Biotech

Location

Camarillo, California, United States

About

PBS Biotech is a leading manufacturer of single-use bioreactor systems and provider of process development services. PBS' bioreactors utilize proprietary Vertical-Wheel® technology to create homogeneous and scalable mixing conditions for a variety of sensitive cell therapy products and cell culture applications. PBS Biotech's vision is to become the world's standard manufacturing platform for allogeneic cell-based therapies.

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Related People

1 contact
Verified contactsBrian L., Chief Executive Officer and Co-FounderSee plans and pricing
Predictive Intelligence
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PBS Biotech raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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