How Much Did GPB Scientific Raise?
Funding & Key Investors

GPB Scientific, a company focused on advancing cell therapy production through innovative microfluidic technology, has secured significant enterprise-level funding, with its total funding reaching $47.7M. The company recently announced a major strategic investment of $18M, underscoring its pivotal role in the rapidly evolving cell therapy landscape. This latest capital infusion is expected to accelerate GPB Scientific's mission to revolutionize cell purification and enrichment processes.

What is GPB Scientific?

GPB Scientific
Business ServicesResearch & DevelopmentManufacturing

Founded in 2002 and based in Carlsbad, CA, GPB Scientific is at the forefront of enabling a step-change in the purification and enrichment of cells for cell therapy production. The company has engineered a high-throughput, automatable, microfluidic closed-system designed for point-of-collection leukapheresis sample preparation for CAR-T therapy production. This proprietary system aims to eliminate labor-intensive manual enrichment steps, such as ficoll, direct magnetic, or centrifugation, which have been validated in lower-throughput applications. GPB Scientific's vision is to deliver a turnkey system capable of providing therapeutic dosing within seven days of collection, addressing critical bottlenecks in cell therapy manufacturing.

How much funding has GPB Scientific raised?

GPB Scientific has raised a total of $47.7M across 6 funding rounds:

2013

Private Equity

$1.9M

2016

Private Equity

$1.4M

2017

Debt

$810K

2020

Other Financing Round

$25.5M

Debt

$150K

2021

Unspecified

$18M

Private Equity (2013): $1.9M, investors not publicly disclosed

Private Equity (2016): $1.4M, investors not publicly disclosed

Debt (2017): $810K, investors not publicly disclosed

Other Financing Round (2020): $25.5M featuring Vensana Capital and Amgen Business Development

Debt (2020): $150K backed by PPP

Unspecified (2021): $18M with participation from Vensana Capital Management and Amgen Ventures

Key Investors in GPB Scientific

Vensana Capital Management

Vensana Capital is a venture capital and growth equity investment firm focused on partnering with entrepreneurs to drive innovation in healthcare through medical technology. The firm invests in development and commercial stage companies across various sectors, including medical devices, diagnostics, digital health, and life science tools.

Amgen Ventures

Amgen Ventures is the corporate venture capital arm of Amgen, a leading biotechnology company. They invest in early-stage companies that are developing innovative technologies and therapeutics that align with Amgen's strategic interests in human therapeutics.

Amgen Business Development

Amgen Oncology is dedicated to transforming cancer treatment through innovative therapies and a commitment to patient care. With over 40 years of experience, the company focuses on delivering high-quality biosimilar medicines to enhance treatment options and promote a sustainable healthcare system.

What's next for GPB Scientific?

The substantial enterprise-level backing and recent strategic investment signal a strong vote of confidence in GPB Scientific's technology and market potential. This capital is poised to fuel the company's expansion, likely focusing on scaling production capabilities, further clinical validation, and broader market penetration. GPB Scientific's advancements in automating cell therapy workflows are critical for meeting the growing demand for these life-saving treatments, positioning the company for significant growth and impact in the biopharmaceutical sector. Future developments may include strategic partnerships and expanded product offerings to address diverse cell therapy modalities.

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Frequently Asked Questions Regarding GPB Scientific Financial Insights

What are the most recent funding rounds that GPB Scientific has completed, and what were the funding rounds?
GPB Scientific has recently completed 3 funding rounds: Unspecified on May 27, 2021, Debt on May 3, 2020, Other Financing Round on Apr 2, 2020.
What is the total amount of funding GPB Scientific has raised to date?
GPB Scientific has raised a total of $47.7M in funding to date.
How many funding rounds has GPB Scientific completed?
GPB Scientific has completed 3 funding rounds.
How much funding did GPB Scientific raise in its most recent funding round?
GPB Scientific raised $18M in its most recent funding round.
Who are the lead investors in GPB Scientific's latest funding round?
The lead investor in GPB Scientific's latest funding round was Vensana Capital Management. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in GPB Scientific's history?
The largest funding round in GPB Scientific's history was $25.5M.
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