“This fundraise is a pivotal milestone in our mission to industrialise cell therapy manufacturing,” said Edwin Stone, CEO, Cellular Origins. “The support from our investors is a strong endorsement of both our technology and the urgent need for scalable, automated solutions in this space. It recognises the progress that Cellular Origins, its partners and customers have collectively made towards enabling access to cell therapies at scale. This investment gives us access to the capital and networks to drive our next phase of growth. Through this fundraise we will accelerate the development and deployment of our robotic platform to help make life-saving cell therapies more accessible, reliable, and affordable.”
As a result of the financing, Cellular Origins will expand its commercial team to deliver on the increasing demand for its solution from those pharma companies with commercial and late-stage therapies. The funds will also enable Cellular Origins to broaden the range of unit operations integrated into its platform, giving cell therapy developers confidence that the unit operations they use will be capable of manufacturing at scale without any compromise to biological performance.
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Finally, the investment enables Cellular Origins to build the systems and infrastructure needed for full manufacturing and services scale up and to create the robust global operation ready to meet large scale demand. Looking ahead, Cellular Origins will extend its capabilities beyond cell therapies into the wider Advanced Therapies Medicinal Products (ATMP) sector, where common challenges in scaling the manufacture of these scientific advances mirror those seen in cell therapies.
“Cellular Origins is yet another wonderful spin-out from TTP Group, who have a tremendous track record of success. As a leader in the robotics market and scalable cell therapy manufacturing, Cellular Origins will have a crucial and essential role to play in the commercialisation of cellular therapeutics,” said Laurence Garrett, General Partner, Highland Europe. “We are delighted to be investing in this round and involved with the team as they build the systems and infrastructure needed to meet global demand.”
“This investment is a strong endorsement of the Cellular Origins team and of TTP Group’s track record in creating and growing impactful new businesses,” said Sam Hyde, CEO, TTP Group. “Conceived to meet a critical need in advanced therapy manufacturing, the Constellation platform has the potential to transform cell therapy production, and we are proud to continue to support Cellular Origins as it enters this next phase of growth.”
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