VoxCell
VoxCell is a technology company.
Financial History
VoxCell has raised $1.0M across 1 funding round.
Frequently Asked Questions
How much funding has VoxCell raised?
VoxCell has raised $1.0M in total across 1 funding round.
VoxCell is a technology company.
VoxCell has raised $1.0M across 1 funding round.
VoxCell has raised $1.0M in total across 1 funding round.
VoxCell BioInnovation is a tissue engineering company based in Victoria, British Columbia, Canada, that develops physiologically relevant 3D vascularized human tissue models to accelerate drug discovery and personalized medicine.[1][2][3] It builds customizable 3D bioprinted tissues using proprietary bioinks, high-resolution 3D bioprinters, and vascularization software, primarily serving pharmaceutical companies and drug developers for preclinical screening of efficacy, safety, and vascular toxicity.[1][2][3] These models solve the problem of unreliable animal testing and static 2D models by replicating human vascular complexity, enabling long-term multi-dose studies (up to 21 days with 80%+ viability) and reducing failure rates in clinical trials, with initial focus on oncology but expandable to other diseases like neurodegeneration.[1][2][3] The company has raised under $5 million in funding, won the last Collision PITCH competition, and maintains a small team (<25 employees) with strong growth momentum through accelerator support like ventureLAB.[3][5]
VoxCell was founded by Dr. Valente, who brings an international background from Brazil and Portugal before settling in Canada, emphasizing gender and cultural diversity in the team.[3] The idea emerged from Dr. Valente's vision to modernize drug discovery by creating human-like 3D tissues as alternatives to animal or human-sourced samples, inspired by advancements in 2-photon laser bioprinting (voxel-based, hence the name).[3] Early traction came via advisors like Pieter Dorsman at ventureLAB, which aided fundraising and investor connections; the company evolved from a 3D printing focus to tissue engineering, starting with vascularized cancer models and winning recognition like the Collision PITCH crown for its drug-testing tech.[3][5] Pivotal moments include developing Canada's first high-resolution 3D bioprinter, proprietary bioinks, and vascularization algorithms, positioning it to become the "gold standard for drug screening."[2][3]
VoxCell rides the wave of organ-on-a-chip and 3D bioprinting trends in biotech, addressing the 90%+ clinical trial failure rate by providing predictive human models that cut development time and costs.[1][3] Timing is ideal amid global regulatory pushes for NAMs, declining animal testing, and surging demand for personalized medicine, fueled by AI-drug discovery and oncology needs.[1][2] Market forces like rising R&D expenses ($2B+ per drug) and biotech funding recovery favor VoxCell's efficient screening, influencing the ecosystem by enabling faster therapy validation and supporting Canada's tissue engineering hub in Victoria.[2][3][5] As a Collision winner and ventureLAB alum, it amplifies startup impact in drug development sustainability.[3][5]
VoxCell is poised to expand beyond oncology into neurodegenerative and other diseases by tweaking bioinks and cell lines, targeting "gold standard" status with scaled consumables sales and partnerships.[2][3] Trends like AI integration for model design, stricter NAM regulations, and precision oncology will propel growth, potentially boosting valuation post its sub-$5M funding.[1][5] Influence may evolve through global adoption, reducing drug failures and ethical concerns—redefining VoxCell from a bioprinter innovator to a cornerstone of efficient, human-centric drug development, much like how it already empowers scientists with unprecedented tissue realism.[1][3]
VoxCell has raised $1.0M in total across 1 funding round.
VoxCell's investors include Archangel Network of Funds.
VoxCell has raised $1.0M across 1 funding round. Most recently, it raised $1.0M Seed in August 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Aug 1, 2022 | $1.0M Seed | Archangel Network of Funds |