About Membio
Membio is a Healthcare company based in Kitchener (Canada) founded in 2018 by Shane Kilpatrick and Megan Logan. Developer of single-use bioreactors for cell and gene therapies. Membio has raised $280 thousand across 3 funding rounds from investors including IndieBio, Accelerator Centre and Velocity. Its chief executive, as recorded, is Shane Kilpatrick. Its focus areas include Life Sciences, Life Sciences Platforms and Tools, Instruments and Bioreactors.
Company details
Membio was founded in 2018 and is based in Kitchener, Canada. Operations focus on the biotechnology sector, where single-use bioreactors are developed for applications in cell and gene therapies. A benchtop bioreactor system is provided, featuring a proprietary design that maintains a consistent cellular environment across scales. This approach supports scalable processes in therapeutic development.
- Total Equity Funding$280K (USD)
in 3 rounds
- Latest Funding Round$250K (USD), Seed
Nov 2019
- InvestorsIndieBio
& 2 more
Funding Insights of Membio
Membio has successfully raised a total of $280K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $250 thousand completed in November 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $280,000
- Total Rounds 3
- Last Round Seed — $250,000
- First Round $25,000
(Dec 2018)
- Investors Count 3
All 3 funding rounds of Membio with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2019 | $250,000 | Seed | – | IndieBio | – |
| Feb 2019 | $30,000 | Seed | – | Accelerator Centre | – |
| Dec 2018 | $25,000 | Grant | – | – |
3 investors in total: 3 institutional.
Investors in Membio
Membio has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include IndieBio, Accelerator Centre and Velocity.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Biotech startups are accelerated through IndieBio's focused programs. | indiebio.co | San Francisco, United States | ||
Startups are built and accelerated in a structured studio environment. | acceleratorcentre.com | Waterloo, Canada | ||
Velocity is supported as a startup incubator by the University of Waterloo. | velocityincubator.com | Kitchener, Canada |
Investor details for Membio
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People of Membio
2 people are tracked at Membio (2 in leadership).
| Name | Role | Group |
|---|---|---|
Shane Kilpatrick | Founder & CEO | Leadership |
Megan Logan | Co-Founder | Leadership |
Complete people profiles for Membio
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Timeline of Membio
3 dated milestones of Membio across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Membio is founded.
- Funding First funding round of $25K.
- Funding Latest funding round, Seed, of $250K.
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Frequently Asked Questions about Membio
Membio was founded in 2018.
Membio is headquartered in Kitchener, Canada. It is registered at Kitchener, Ontario, Canada.
Shane Kilpatrick is the CEO of Membio, as recorded in our data. They have also founded this company.
Membio is a funded company, having raised a total of $280K across 3 funding rounds to date. The company's 1st funding round was a Grant of $25K, raised on Dec 2018.
Membio was founded in 2018 and is based in Kitchener, Canada. Operations focus on the biotechnology sector, where single-use bioreactors are developed for applications in cell and gene therapies. A benchtop bioreactor system is provided, featuring a proprietary design that maintains a consistent cellular environment across scales. This approach supports scalable processes in therapeutic development.
Membio has 3 investors. Key investors include IndieBio, Accelerator Centre, and Velocity.