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Industries
Biotechnology
Healthcare
Company Size
501-1,000
Company Stage
Series D
Total Funding
$1.2B
Headquarters
Waltham, Massachusetts
Founded
2017
ElevateBio operates in the biotechnology sector, focusing on cell and gene therapy. The company utilizes its proprietary technologies, including gene editing and induced pluripotent stem cells (iPSC), to develop and manufacture therapies. Their products are designed to address various health conditions, particularly rare and cardiometabolic diseases, through partnerships with other biotech firms and healthcare providers. ElevateBio's unique approach combines manufacturing and therapeutic development within an integrated ecosystem, allowing them to streamline the process from discovery to commercialization. This sets them apart from competitors who may not offer such a comprehensive solution. The company's goal is to advance the field of cell and gene therapies by removing barriers to scientific breakthroughs and providing effective treatments to patients.
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Total Funding
$1246M
Above
Industry Average
Funded Over
4 Rounds
Industry standards
Flexible Work Hours
ElevateBio has partnered with Amazon Web Services (AWS) to expedite the discovery and development of gene editing therapeutics using generative AI (genAI).
"ComEd is proud to work hand in hand with partners like Elevate and Bickerdike to deliver innovative, clean energy technologies to communities that need them most.
In addition, Michael Paglia, Chief Technology Officer at ElevateBio's BaseCamp(R), has joined Xcellbio's Scientific Advisory Board.
Hazelwood’s buildup of modern manufacturing is poised to continue with city approval of the University of Pittsburgh’s plan for a biomanufacturing facility. The City Planning Commission approved a proposal for a 68-foot-tall building totaling 185,000 square feet that will house a cell- and gene-therapy facility. The approval of the BioForge building continues the high tech redevelopment of the 178-acre area known as Hazelwood Green, which includes the neighboring Mill 19, housing Carnegie Mellon University’s Manufacturing Futures Institute. And nearby is a site for which CMU recently received commission approval to build a robotics laboratory. Architecture firm HOK expects construction of the BioForge facility to begin later this year and to be completed by mid-2025. Pitt has partnered with a Massachusetts-based company, ElevateBio, and construction of BioForge is expected to cost $250 million, according to HOK
On July 21, 2023, ElevateBio, a technology-driven company built to power the development of transformative cell and gene therapies, completed the lease of its new BaseCamp manufacturing facility in Pittsburgh, per their long-term strategic partnership with the University of Pittsburgh to accelerate the development of highly innovative cell and gene therapies.
Waltham, MA, USA
Waltham, MA, USA
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Discover companies similar to ElevateBio
Industries
Biotechnology
Healthcare
Company Size
501-1,000
Company Stage
Series D
Total Funding
$1.2B
Headquarters
Waltham, Massachusetts
Founded
2017
Waltham, MA, USA
Waltham, MA, USA
Waltham, MA, USA
Find jobs on Simplify and start your career today
Discover companies similar to ElevateBio