Astraveus

Astraveus

Financials

Estimates*

Edit
Revenues, earnings & profits over time
EUR201920202021
Revenues1.9m<1m<1m
% growth-(99 %)-

Source: Dealroom estimates

  • Edit
DateInvestorsAmountRound

N/A

Spinout

€2.0m

Grant
N/A

$3.2m

Grant
*

€16.5m

Seed
*

€10.4m

Grant
Total Funding€31.8m

Recent News about Astraveus

Edit
More about Astraveusinfo icon
Edit

Astraveus is a pioneering startup that operates in the cell and gene therapy (CGT) manufacturing sector. The company has developed a unique platform, Lakhesys™, which is a modular, microfluidic cell foundry. This innovative technology is designed to transform the way CGT manufacturing is done, by optimizing the process and reducing the need for large-scale infrastructure. This, in turn, reduces costs and logistical challenges, potentially increasing patient access to these life-changing therapies.

The company's business model revolves around the use of its proprietary technology to miniaturize and optimize cellular therapies and their manufacturing process. By leveraging the ability of therapeutic cells to multiply in the patient's body, Astraveus can use small amounts of resources without compromising the efficacy of the therapy. This approach not only reduces costs but also minimizes the environmental impact of these therapies.

Astraveus' Lakhesys™ platform is unique in its use of microfluidic bioprocessors, which mimic organ perfusion and accelerate the molecular exchanges needed to transform cells into therapeutic agents. Once the process is optimized, Lakhesys™ can produce up to 100 minibatches simultaneously in a conventional size manufacturing room, resulting in higher quality products at a lower cost and with reduced environmental impact.

Astraveus' clients are likely to be healthcare providers and institutions seeking to provide CGT therapies to their patients. The company operates in the global CGT manufacturing market, which is expected to grow significantly in the coming years. Astraveus has received funding from the European Union's Horizon 2020 research and innovation program, indicating strong support and belief in its potential.

Keywords: Astraveus, cell and gene therapy, CGT manufacturing, microfluidic cell foundry, Lakhesys™ platform, therapeutic cells, miniaturization, cost reduction, environmental impact, European Union funding.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.