Strong Funding Support Prellis Biologics has successfully raised $35 million in Series C funding, co-led by prominent venture firms such as Celesta Capital, Avidity Partners, Khosla Ventures, SOSV, True Ventures, and Lucas Venture Group, indicating robust investor confidence and potential for expanding R&D and commercial activities.
Collaborative Industry Relationships The company has established strategic partnerships with major pharmaceutical players like Sanofi and Bristol-Myers Squibb, which can open pathways for joint ventures, licensing deals, and expanded distribution channels in biotherapeutics and immune system applications.
Innovative Technology Platform Prellis utilizes proprietary high-resolution 3D bioprinting technology and its EXIS platform for antibody discovery and vaccine screening, presenting opportunities for healthcare companies focused on immunology, vaccine development, and personalized medicine integration.
Market Positioning With a revenue range of $25 to $50 million and a focused research and development model, Prellis targets the biotech segment serving immunology, tissue engineering, and drug discovery, making it a potential partner for companies seeking cutting-edge bioprinting or immune system modeling solutions.
Talent Expansion The hiring of immunologists and expansion of their team signals ongoing innovation and a readiness to deepen immune system research, providing sales opportunities for suppliers of scientific talent, laboratory equipment, and specialized biotech tools to support their growth.