Tech Company Financing Transactions

StemoniX Funding Round

StemoniX secured a $14.4 million Series B financing round on 3/1/2019. Backers included Brightstone Venture Capital, Alumni Capital Network and Crescent Ridge Partners.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series B
Proceeds Purpose
The new financing will allow StemoniX to expand its commercial operations at its sites in Minnesota and California supporting the company's microBrain, microHeart, and Discovery as a Service offerings.

Company Information

Company Status
Private & Independent
Mailing Address
13300 67th Ave. North
Maple Grove, MN 55311
Email Address
StemoniX is accelerating the discovery of new drugs by creating ready-to-use pre-clinical plates containing biologically relevant human microOrgans. Engineered from human induced pluripotent stem cells (iPSC), these microOrgan platforms enable high throughput human drug screening without the need for drugs to enter a human body.
StemoniX LinkedIn Company Profile
Social Media
StemoniX Company Twitter Account
Company News
StemoniX News
StemoniX on Facebook
StemoniX on YouTube

Management Team

Email & Social
Chief Executive Officer
Ping Yeh
  Ping Yeh LinkedIn Profile  Ping Yeh Twitter Account  Ping Yeh News  Ping Yeh on Facebook
Chief Financial Officer
Dimas Jiménez
  Dimas Jiménez LinkedIn Profile  Dimas Jiménez Twitter Account  Dimas Jiménez News  Dimas Jiménez on Facebook
Chief Medical Officer
Murdoc Khaleghi
  Murdoc Khaleghi LinkedIn Profile  Murdoc Khaleghi Twitter Account  Murdoc Khaleghi News  Murdoc Khaleghi on Facebook
Robert Petcavich
  Robert Petcavich LinkedIn Profile  Robert Petcavich Twitter Account  Robert Petcavich News  Robert Petcavich on Facebook



Browse more venture capital transactions:

Prev: 3/1/2019: Mintigo venture capital transaction
Next: 3/4/2019: KoBold Metals venture capital transaction


Share this article


Where The Data Comes From

We do our best to document every notable VC transaction. VC investment data records reported here come from a variety of public sources. The data is sourced from, an affiliated venture.


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary