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PBS Biotech

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PBS Biotech is produces the easiest to use and most technologically-advanced bioreactors for the pharmaceutical industry

Camarillo, United StatesFounded 2006Biotech & Life Sciences
Valuation $100–250M Last recorded · 2025
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for PBS Biotech and the history behind them.

About PBS Biotech

Established in 2006 by Dr. Brian Lee and Gregory Zeikus, PBS Biotech operates from Camarillo, California, as a key equipment and services provider in the cell therapy sector. Dr. Lee, who also serves as CEO, brings over 25 years of extensive experience in biopharmaceutical R&D, bioprocess scale-up, and manufacturing from his time at major pharmaceutical companies like Amgen and Merck. This deep industry background directly informs the company's strategic focus on addressing critical manufacturing challenges for cell-based therapeutics.

PBS Biotech's business model is centered on the design, manufacture, and sale of single-use bioreactor systems, supplemented by process development and technical support services. The company serves a global clientele of academic institutions, biotechnology firms, and pharmaceutical companies engaged in the research, development, and commercialization of cell therapies. Revenue is generated primarily through a business-to-business (B2B) model involving direct sales of its bioreactor equipment and associated disposable components, often through custom quotes and supply agreements tailored to client needs.

The company's core product line features its proprietary Vertical-Wheel® technology, a distinct agitation mechanism designed to create a gentle and homogeneous mixing environment. This approach is particularly suited for cultivating shear-sensitive cell types, such as induced pluripotent stem cells (iPSCs) and mesenchymal stem cells (MSCs), which are foundational to many next-generation regenerative medicines. The product portfolio offers a scalable path from early research to commercial production, with systems ranging from the PBS MINI for small-volume process development to the PBS 500 for clinical and commercial manufacturing applications. This scalability allows clients to streamline development and accelerate their time to market.

The company has successfully raised significant capital to fuel its growth, including a notable Series B funding round. These funds are allocated to expanding its product portfolio, enhancing process development services, and increasing manufacturing capacity to meet growing global demand. PBS Biotech is expanding its ISO 9001:2015 certified manufacturing facility to support over $100 million in annual revenue, signaling its readiness for its clients' scale-up to commercialization.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2006
Headquarters
Camarillo, United States
Employees
103
Open positions
3
Dealroom signal
65.4/100
Industry
Health
Sub-industry
Pharmaceutical
Sector
Biotech & Life Sciences, Biotechnology, Biotech and Pharma, Hard Tech, DT and LS, science-based
Business model
Manufacturing

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VC✓Equity / VC Jan 2025 $17M $110M Avego · BroadOak Capital Partners ↗
LATE VC✓Equity / VC Jan 2023 $22M $88M BroadOak Capital Partners · Avego ↗
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Growth signals

PBS Biotech website traffic

Latest recorded traffic for PBS Biotech is 1.8K monthly website visits, down 60.9% over the last three months. PBS Biotech's team declined 3.7% over the past year.

Latest monthly visits1.8K 3-month web change-60.9% 1-year team growth-3.7%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later2 investors entered at this stage

  • BroadOak Capital Partners
  • Avego
Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 6 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇺🇸 United States94.1%
🇬🇧 United Kingdom2.9%
🏳️ Afghanistan1.5%
🇨🇦 Canada1.5%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about PBS Biotech on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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