In 2022, Spanish biotech firm REGEMAT 3D will open an fairness crowdfunding marketing campaign on Crowdcube so as to add to the €402,500 ($457,000) raised throughout its first financing spherical. The funds will permit the corporate to organize for an upcoming preliminary public providing (IPO), set to happen in 2023, in addition to drive income development and develop new applied sciences.
Underneath the motto “the very best funding in life is well being,” REGEMAT 3D is encouraging anybody to assist and spend money on altering the healthcare business in dramatic methods. The Andalusian biotechnology firm, owned by José Manuel Baena, is a pioneer in bioprinting methods in Spain. Though the agency has developed two flagship bioprinters, the BIO V1 3D and the extra superior REG4LIFE 3D, REGEMAT 3D additionally focuses on offering custom-designed bioprinters with personalised configurations for every buyer. For instance, REGEMAT 3D bioprinters may be configured with completely different interchangeable modular print heads, equivalent to cooled/heated mechanical extrusion for single syringe or coaxial syringes, photocuring, and single/twin thermoplastic extruders (as much as 250 °C).
When it comes to purposes, the printers have been utilized in scientific analysis equivalent to pores and skin, cartilage, and cornea tissue engineering, drug testing, personalised therapies (like organ on a chip), and have been cited in a number of peer-reviewed articles. Nonetheless, the agency is on a mission to enhance sufferers’ high quality of life, so a whole lot of the work can also be going in direction of the design and manufacturing of medical gadgets for scientific purposes.
REGEMAT 3D is a number one firm and pioneer in bioprinting for the healthcare sector, run by a multidisciplinary workforce in superior therapies, regenerative drugs, tissue engineering, regulatory and medical gadgets commercialization. The corporate boasts its partnership with sister agency BRECA Healthcare, which designs and produces personalised medical gadgets and has greater than 100 scientific circumstances utilizing tailored 3D printed prostheses, slicing guides, and biomodels.
By way of its 3D printing options, REGEMAT 3D provides personalized merchandise, even utilizing autologous cells of the affected person to reinforce regeneration. Its bioprinting platform is good for growing any such personalized choice, and together with BRECA, the duo may be very profitable in bringing 3D printed implants and prostheses to the scientific utility,
Since its inception in 2015, REGEMAT 3D’s platforms have been offered in additional than 29 nations, facilitating the analysis path for regenerative drugs and healthcare. Since 2016, REGEMAT 3D has elevated its income sevenfold, with 2019 firm gross sales alone reaching €682,900 ($776,200). In 2020, its turnover significantly shot as much as virtually €900,000 ($1 million), primarily as a result of the corporate’s platforms had been discovered helpful for producing 3D fashions of tissues affected by the infectious illness attributable to the SARS-CoV-2 virus that causes Covid-19. Over the past two years, a number of 3D bioprinting companies targeted on researching and growing synthetic tissues within the rising biotechnology subject. REGEMAT 3D, particularly, claims it’s working across the clock to develop 3D tissues for superior therapies towards the illness.
Final yr, the Spanish bioprinter producer efficiently surpassed its preliminary funding goal from 610 buyers via a crowdfunding platform marketing campaign on Crowdcube. The funding spherical reached the minimal funding goal of €267,000 ($303,000) in solely seven days and raised €402,500 ($457,000) with its a number of sources funding motion plan.
At a post-money valuation of €15 million ($17 million), REGEMAT 3D is onto its second monetary milestone in lower than a yr. Following the closing of the second crowdfunding spherical, it can concentrate on its IPO. Though only a few particulars of this monetary development stage have been disclosed, REGEMAT 3D is following the steps of different bioprinting companies which have chosen to commerce on exchanges worldwide, like Cellink, Organovo (which is making a comeback following years of uncertainty), and an upcoming IPO by South Korean startup Rokit Healthcare.
With an intensive world shopper base that features famend establishments like College Hospital of Basel in Switzerland, Florida Institute of Know-how, College of Western Australia, and l’Université Libre de Bruxelles, in Belgium, REGEMAT 3D has develop into one of many main bioprinting corporations in Europe. Its upcoming fairness crowdfunding spherical can be stay quickly on Crowdcube, and anybody all for investing can take a look at the pitch desk for extra info.