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28bio
AxoSim's Nerve-on-a-Chip is changing preclinical neurological safety and efficacy screening of pharmaceuticals
About 28bio
AxoSim operates in the biotechnology sector, focusing on revolutionizing the drug development process. The company provides predictive human data through its high-quality 3D miniature brain organoids, which serve as human-relevant models in preclinical drug discovery. This technology aims to address the inefficiencies in traditional drug development, where nearly 90% of drugs that appear promising in animal models fail in human trials. AxoSim's solutions offer clinically relevant functional and structural metrics, significantly improving the success rates of R&D efforts. By delivering accurate preclinical testing, AxoSim helps researchers predict human outcomes in the lab, making the development of safer and more effective drugs possible. The company primarily serves pharmaceutical and biotechnology firms looking to streamline their research processes, save time, and reduce costs. AxoSim's business model revolves around providing these advanced testing services, generating revenue through service contracts with its clients.
Source: Dealroom company dataAt a glance
- Founded
- 2014
- Headquarters
- New Orleans, United States
- Sector
- Biotech & Life Sciences
Knowledge graph
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed6 investors entered at this stage
National Institutes of Health
US National Science Foundation
Abstraction Ventures
Laconia Capital Group
New Orleans BioFund
Louisiana Growth Fund
Series A2 investors entered at this stage
Benson Capital Partners
Jefferson Capital Partners
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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