Cellares

Cellares

Develops and manufactures cell therapies efficiently

About

Cellares develops and manufactures cell therapies, focusing on biotechnology. The company operates as an Integrated Development and Manufacturing Organization (IDMO), which means it combines the development and manufacturing processes of cell therapies in one facility. This is different from traditional organizations that keep these processes separate. Cellares uses its proprietary "Smart Factory" technology, which includes an automated single-use cartridge system, to significantly enhance productivity, reduce costs, and lower failure rates in the manufacturing process. The company serves various clients, including those in preclinical, clinical, and commercial stages, and has partnerships with major pharmaceutical companies to automate the manufacturing of CAR-T cell therapies. Cellares aims to provide efficient and cost-effective manufacturing services, making it a competitive choice in the biotechnology sector.

Company Stage

Series C

Employees

201-500

Industries

Industrial & Manufacturing, Biotechnology

Total Funding

$345.3M

Headquarters

South San Francisco, California

Founded

2019


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Simplify's Take

What believers are saying

  • Strategic partnerships with Bristol Myers Squibb enhance market validation and scaling potential.
  • The launch of Cell Q automates QC for 6,000 batches, boosting efficiency.
  • Cellares' global expansion is supported by experienced leaders like Ossama Eissa and Christi Shaw.

What critics are saying

  • Rapid Smart Factory expansion may lead to operational and quality control challenges.
  • Technological integration with Sony could delay Cell Shuttle platform deployment.
  • Reliance on strategic partnerships exposes Cellares to partners' financial and operational risks.

What makes Cellares unique

  • Cellares' Cell Shuttle offers 10x scalability over manual cell therapy manufacturing.
  • The company is the first Integrated Development and Manufacturing Organization (IDMO) in cell therapy.
  • Cellares' Smart Factory technology reduces costs by 50% and failure rates by 75%.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

-2%

2 year growth

-2%

Benefits

Health Insurance

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Vision Insurance

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Stock Options

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