Funding · Healthcare & Life Sciences
Biodimension raises ₹8 crore from IAN Angel Fund
By Startup Enthusiast ·
- Date
- Company
- Biodimension
- What it does
- Biofabricated human tissue models
- Kind
- Funding
- Amount
- ₹8 Cr
- Based in
- Bengaluru
What they do
Biodimension makes lab-grown human tissue and organ models that replace animal testing
What happened
It raised ₹8 crore in a round led by IAN Angel Fund, with Campus Angels Network and angel investors
Why it matters
The company plans to expand its cancer biobank and scale its on-demand testing service
The details
- Biodimension raised ₹8 crore in a funding round led by IAN Angel Fund.
- Existing investor Campus Angels Network also participated in the round.
- Angel investors Dr. Sampath Srisailam and Aaryan Baid joined the round.
- The company will use the funds to accelerate product development and expand laboratory infrastructure.
- It will also strengthen its scientific and commercial teams to drive commercialization in India and abroad.
- Biodimension plans to expand its Pan-Cancer Tumour Microenvironment Biobank and add new oncology models.
- It aims to scale its Bioassay-as-a-Service platform and expand into Southeast Asia, Europe, the US, and Japan.
The bigger picture
- India imports most of its human tissue testing models even though it is a large pharma manufacturing hub.
- Biodimension's locally made models meet global regulatory standards and are cheaper and quicker for Indian researchers to obtain.
- This funding supports the company's effort to offer homegrown alternatives to imported testing products.
About the business
- Biodimension creates lab-grown human tissue and organ models that serve as ethical substitutes for animal testing.
- Its customers include pharmaceutical, biotech, and cosmetic research companies.
- Key products are BioDEpi (a reconstructed human skin layer for safety tests), BioDFT (a full-thickness skin model), and BioDPigma (a pigmented skin model).
- It also runs a Pan-Cancer Tumour Microenvironment Biobank for cancer drug research.
- The company offers a Bioassay-as-a-Service (BaaS) platform that performs on-demand human-relevant tests.
- Biodimension works with pharma companies, biotech firms, research institutes, and contract research organizations in India and Singapore.
- Its headquarters are in Bengaluru, India.
What happens next
- Accelerate product development and expand laboratory infrastructure.
- Strengthen scientific and commercial teams.
- Drive commercialization in India and international markets.
- Expand Pan-Cancer Tumour Microenvironment Biobank and add new oncology and immunotherapy models.
- Scale Bioassay-as-a-Service platform.
- Expand across Southeast Asia and build partnerships in Europe, the US, and Japan.
The deal
- Type
- funding
Investors
- IAN Angel Fund (lead) — Evergreen fund of IAN Group, an Indian angel investor network.
- Campus Angels Network (participated) — Existing investor in Biodimension.
- Dr. Sampath Srisailam (participated) — Angel investor.
- Aaryan Baid (participated) — Angel investor.
Founders
- Manojkumar S., Co-Founder and CEO
- Ranjith Kumar Velusamy, Co-Founder
- Pradeep Arunachalam, Co-Founder
About Biodimension
- Product
- Human tissue models, organoids, and bioassay-as-a-service including BioDEpi, BioDFT, BioDPigma and pan-cancer tumor microenvironment biobank
- Customers
- Pharmaceutical, biotechnology and cosmetic companies requiring safety testing
- How it makes money
- Bioassay-as-a-service and licensing of tissue models
- What sets it apart
- Lab-grown tissue models that accurately replicate human responses for drug testing
- Operations
- Laboratory infrastructure for tissue fabrication and testing services
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