Tech Company Financing Transactions

Somite AI Funding Round

On 9/3/2024, Somite AI raised $4.8 million in Seed financing from Astellas Venture Capital and private investors.

Transaction Overview

Company Name
Somite AI
Announced On
9/3/2024
Transaction Type
Venture Equity
Amount
$4,800,000
Round
Seed
Investors

Astellas Venture Capital (Nagisa Sakurai)

private investors (Kendra Harris)

private investors (Nachum Shamir)

private investors (Paul Harris)

Proceeds Purpose
The additional funding will be used to expedite data generation to train Somite's AI platform, AlphaStem, advance SMT-M01 toward the clinic, start a second clinical program, SMT-B01, using brown adipocytes to treat metabolic disorders, and begin research with hypoimmune cell lines.

Company Information

Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
240 Longwood Ave, Building C
Boston, MA 02115
USA
Phone
Undisclosed
Website
www.somite.ai
Email Address
[email protected]
Overview
Somite.ai is leveraging big data and AI to introduce novel cell replacement therapies. We're developing a digital twin of the embryo, i.e. a computational model that simulates the real embryo's development and behavior to guide decision-making.
Profile
Somite AI LinkedIn Company Profile
Social Media
Somite AI Company Twitter Account
Company News
Somite AI News
Facebook
Somite AI on Facebook
YouTube
Somite AI on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Micha Breakstone
  Micha Breakstone LinkedIn Profile  Micha Breakstone Twitter Account  Micha Breakstone News  Micha Breakstone on Facebook
Chief Technical Officer
Jonathan Rosenfeld
  Jonathan Rosenfeld LinkedIn Profile  Jonathan Rosenfeld Twitter Account  Jonathan Rosenfeld News  Jonathan Rosenfeld on Facebook
Co-Founder
Allon Klein
  Allon Klein LinkedIn Profile  Allon Klein Twitter Account  Allon Klein News  Allon Klein on Facebook
Co-Founder
Olivier Pourquie
  Olivier Pourquie LinkedIn Profile  Olivier Pourquie Twitter Account  Olivier Pourquie News  Olivier Pourquie on Facebook
Co-Founder
Jay Shendure
  Jay Shendure LinkedIn Profile  Jay Shendure Twitter Account  Jay Shendure News  Jay Shendure on Facebook
Co-Founder
Cliff Tabin
  Cliff Tabin LinkedIn Profile  Cliff Tabin Twitter Account  Cliff Tabin News  Cliff Tabin on Facebook

 

 

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