LumiSTAR Biotechnology
Stem Cell Solutions for Drug Discovery and Cell Therapy.
Fundraising Status
Series A
Fundraising Target: 10M
Schedule: Q3 2023
Revenue (USD)
2022: 150K
2023 Target: 600K
Competitors
Century Therapeutics
US Objective
Expected Results
Found pharmaceutical partners for joint development
Found investors for this series A round
Looking for potential partners for licensing out our drug candidate
Specific Organizations/VCs to Engage
GSK
Novo nordisk
Roche
Company Details
Short description
LumiSTAR is developing a pipeline of innovative cell therapies based on induced pluripotent stem cell (iPSC) technology. These therapies have the potential to revolutionize the treatment of a wide range of diseases, including neurodegenerative diseases such as Parkinson's and Alzheimer's, kidney failure and cancer. Other than cell therapy, the company also equipped with iPSC and bioimaging-based high throughput drug screening platform to develop new drugs. The platform uses iPSC to create disease models for drug discovery and screening, allowing for more accurate and efficient identification of potential drug candidates.
The bioimaging-based drug discovery platform of the company has demonstrated remarkable effectiveness in the fight against renal and pulmonary fibrosis. In less than 2 years, the company has identified 2 promising drug candidates for the conditions by drug repurposing, and these candidates have shown potential in animal experiments. The fact that there is currently only 1 FDA-approved drug for renal fibrosis in the world underscores the significance of the company's findings. These results offer hope for improved treatment options for fibrosis patients and demonstrate the potential of the company's platform to discover new drugs efficiently and effectively.
Core Technology
LumiSTAR's triple core technology platform combines iPSCs, viral vectors, and genetically encoded tools to provide stem cell solutions for drug discovery and cell therapy. One notable tool is the genetically encoded tool, which allows for the measurement and visualization of cellular physiology and functionality through live cell imaging. This tool is non-toxic to cells, making it suitable for long-term observation.
Team Members
You can meet her in person:
4/27-28 Maryland Spinoff
5/1-4 SelectUSA Summit (Maryland)
5/5-6 TAcc+ Silicon Valley Spinoff