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PL BioScience

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The platform of tailored cell culture supplements based on human Platelets

Aachen, GermanyFounded 2015Biotech & Life Sciences
Valuation $50–100M Last recorded · 2024
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About PL BioScience

PL BioScience GmbH operates as a biotechnology firm specializing in cell culture supplements derived from human platelets. Founded in 2015 by Dr. Hatim Hemeda and Christian Wilkes as a spin-off from RWTH Aachen University in Germany, the company aims to provide an animal-free alternative to traditional cell culture media. The founding concept originated in 2013 when Dr. Hemeda, a molecular biologist with extensive experience in stem cell research, observed superior results using a self-produced human platelet concentrate. Recognizing the commercial gap, he partnered with Wilkes, who has a background in business administration and was previously the CEO of Bio-Diagnostix Labor GmbH, to establish the company.

The company's core business revolves around its proprietary ELAREM™ platform, which offers a portfolio of Human Platelet Lysate (HPL) products. These supplements serve as a critical nutrient source for expanding cells in vitro, catering to clients across academic research, pre-clinical development, and clinical-grade cell therapy manufacturing. By utilizing outdated human blood platelets that would otherwise be discarded, PL BioScience provides a sustainable and ethically sourced alternative to Fetal Bovine Serum (FBS), which carries risks of pathogen transmission and faces ethical scrutiny. Revenue is generated through the sale of these HPL products, which include various formulations tailored to specific applications, such as research-grade, GMP-grade, and fibrinogen-depleted versions that simplify lab workflows.

The ELAREM™ technology leverages the high concentration of growth factors in human platelets to promote robust cell proliferation. The products are manufactured in large, pooled batches to ensure minimal lot-to-lot variation and consistency. A key milestone for the company was the launch of ELAREM™ Ultimate-FD PLUS, a gamma-irradiated, GMP-grade HPL produced via a globally patented process, which offers an additional layer of viral inactivation for clinical applications. To meet growing global demand, PL BioScience has expanded its headquarters in Aachen to a new 1,200 m² facility, making it the largest HPL producer globally with an anticipated annual capacity of 20,000 liters of GMP-grade HPL. This expansion supports a dual-source manufacturing strategy to ensure supply chain resilience. The company has successfully raised $13 million over two Series A funding rounds, with the latest in August 2024 securing $8.51 million to expand production capabilities and strengthen its market position.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2015
Headquarters
Aachen, Germany
Employees
36
Open positions
None listed
Dealroom signal
83.1/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Spinout, science-based, start2 group, German Accelerator, DT and LS, Biotech and Pharma, Biotechnology
Business model
Manufacturing
Client focus
b2c

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Aug 2024 $8.6M $34M Brightlands Venture Partners · TechVision Fonds · B Value · better ventures ↗
SEEDEquity / VC May 2021 $4.1M $16M TechVision Fonds —
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearProfitMargin
2026 —
2025 —
2024 —
2023 —
2022 —
2021 —
2020 —
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Growth signals

PL BioScience website traffic

Latest recorded traffic for PL BioScience is 840 monthly website visits, up 104.9% over the last three months. PL BioScience's team grew 28.6% over the past year.

Latest monthly visits840 3-month web change+104.9% 1-year team growth+28.6%
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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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

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

Investors

11 investors on the cap table

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

Series A6 investors entered at this stage

  • TechVision Fonds
  • Brightlands Venture Partners
  • B Value
  • better ventures
  • LePure Biotech
  • AVANT BIO

Other known investors5 additional known investors

  • RWTH Aachen University
  • D11Z. Ventures
  • German Accelerator
  • Goodface Capital
  • Marius Rosenberg
Team profiled 9 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 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
3 countries with
team presence
🇩🇪 Germany85.2%
🇳🇱 Netherlands11.1%
🇧🇪 Belgium3.7%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about PL BioScience 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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