How Much Did StemoniX Raise?
Funding & Key Investors

StemoniX, a neurotechnology firm specializing in engineered human brain models, has secured $23.3M in total capital. The company recently announced a $350K strategic investment, signaling a significant phase of growth and development in its enterprise-level funding journey. This latest financing round underscores the increasing investor confidence in advanced neurological research and therapeutic development platforms.

What is StemoniX?

StemoniX
Business ServicesResearch & Development

StemoniX is at the forefront of neurotechnology, developing sophisticated engineered human brain models that accurately replicate complex neurological functions, including memory, learning, and cognition. Their proprietary CNS-3D and PNS-3D technologies, integrated with advanced tissue engineering, neural interfacing, and artificial intelligence, offer researchers and developers unprecedented tools for neuroscience exploration, accelerated drug discovery, and the advancement of neurological therapies. The company's focus on creating functional brain models positions it as a key player in the rapidly evolving biotech and neurotech sectors.

How much funding has StemoniX raised?

StemoniX has raised a total of $23.3M across 4 funding rounds:

2016

Angel/Seed

$2.5M

2017

Series A

$6M

2019

Series B

$14.4M

2020

Debt

$350K

Angel/Seed (2016): $2.5M, investors not publicly disclosed

Series A (2017): $6M led by Exponential.io

Series B (2019): $14.4M, investors not publicly disclosed

Debt (2020): $350K featuring PPP

Key Investors in StemoniX

Exponential.io

Exponential.io is a software industry entity that likely provides technological infrastructure or support, potentially focusing on data analytics or platform development relevant to StemoniX's AI and neural interfacing technologies.

What's next for StemoniX?

With its recent major strategic investment and substantial total funding, StemoniX is poised for significant expansion. The enterprise-level capital infusion is expected to fuel further research and development, enhance its technological capabilities, and broaden its market reach. This strategic backing will likely enable StemoniX to scale its operations, refine its neurotechnology platforms, and potentially forge new partnerships within the pharmaceutical and biotechnology industries, accelerating the path to clinical applications and commercialization of its innovative brain models.

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Frequently Asked Questions Regarding StemoniX Financial Insights

What are the most recent funding rounds that StemoniX has completed, and what were the funding rounds?
StemoniX has recently completed 3 funding rounds: Debt on Apr 10, 2020, Series B on Feb 28, 2019, Series A on Feb 1, 2017.
What is the total amount of funding StemoniX has raised to date?
StemoniX has raised a total of $23.3M in funding to date.
How many funding rounds has StemoniX completed?
StemoniX has completed 3 funding rounds.
How much funding did StemoniX raise in its most recent funding round?
StemoniX raised $350K in its most recent funding round.
Who are the lead investors in StemoniX's latest funding round?
The lead investor in StemoniX's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in StemoniX's history?
The largest funding round in StemoniX's history was $14.4M.
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