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The startup seeks to eliminate wait list for organ transplants and accelerate drug development.
September 15, 2017
By: Krause Taylor Associates
Wait lists for human organ transplants could be entirely eliminated through patent-pending technologies developed by Prellis Biologics, a San Francisco-based human tissue engineering company that has invented a new way to create viable human organs using near instantaneous 3D printing. Founded by two scientists with extensive experience in 3D tissue imaging and stem cell biology, the company is solving the greatest obstacle to producing functional human tissue in the lab—the ability to print microvasculature. Without the complex microvascular system needed to supply nutrients and oxygen to cells, an organ cannot survive. True Ventures, a Silicon Valley-based venture capital firm specializing in early-stage technology startups, led the $1.8 million seed investment. Civilization Ventures and 415 Ventures also joined, along with angel investors. The round follows early support by IndieBio, an accelerator for biotech startups run by SOSV. Investment in the 10-month-old company totals $1.92 million. “Our vision is to create a company that uses technology to print any type of human organ, providing people with a long-lasting solution to a given medical issue,” said Dr. Melanie Matheu, co-founder and chief executive officer of Prellis. “We believe our technology will jumpstart the practical use of lab-printed tissue for life-saving drug development, rapid development of human antibodies, and production of human organs for transplant.”
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