iota Biosciences

iota Biosciences

Ultrasound-powered, implantable diagnostic and therapeutic devices

Overview

iota Biosciences develops ultra-small, implantable bioelectronic devices that monitor and modulate bodily signals from inside the body. Their neural dust concept uses ultrasound to power these tiny implants and to carry data, enabling millimeter-scale devices implanted with minimal invasiveness. This approach eliminates bulky batteries and wired connections, allowing deep-tissue sensing and precise neuromodulation for real-time, closed-loop therapies. Astellas acquired Iota in 2020 to accelerate clinical development across areas like bladder disorders, autoimmune diseases, cancer, and neurological conditions.

Significant Headcount Growth

About iota Biosciences

Simplify's Rating
Why iota Biosciences is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Biotechnology

Healthcare

Company Size

51-200

Company Stage

Acquired

Total Funding

$142.5M

Headquarters

Berkeley, California

Founded

2017

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Simplify's Take

What believers are saying

  • FDA approved IDE in 2024 for underactive bladder early feasibility study.
  • Staged EFS enrolls up to 10 participants after initial three-patient safety.
  • Four open positions signal active hiring for bladder therapies expansion.

What critics are saying

  • Caltech Neural Dust 2.0 erodes ultrasound efficiency advantage within 12-24 months.
  • FDA rejects EFS expansion beyond 10 participants due to Stage 1 safety in 6-12 months.
  • Astellas diverts funding to Propella gene therapy, stalling Iota milestones in 12-18 months.

What makes iota Biosciences unique

  • Iota's neural dust uses ultrasound for wireless power and communication in millimeter implants.
  • Devices enable minimally invasive deep-tissue biosensing and nerve stimulation.
  • Founders Carmena and Maharbiz pioneered neural dust from UC Berkeley in 2017.

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Funding

Total Funding

$142.5M

Above

Industry Average

Funded Over

2 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Onsite Gym

Paid Vacation

Paid Parental Leave

Flexible Work Hours

401(k) Retirement Plan

Annual Bonus Plan

Long Term Incentive Plan (LTIP)

Stock Options

Family Planning Benefits

Fertility Treatment Support

Conference Attendance Budget

Professional Development Budget

Wellness Program

Mental Health Support

Phone/Internet Stipend

Home Office Stipend

Growth & Insights

Headcount

6 month growth

29%

1 year growth

29%

2 year growth

33%

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iota Biosciences is Hiring for 2 Jobs on Simplify!

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