Neucyte

Sunnyvale, United States Founded: 2015 • Age: 11 yrs
Tools for neural cell production are developed using reprogramming technology.

About Neucyte

Neucyte is a Healthcare company based in Sunnyvale (United States) founded in 2015 by Tao Huang. Tools for neural cell production are developed using reprogramming technology. Neucyte has raised $6.7 million across 2 funding rounds from investors including HHS, Co-win Ventures and Leaguer. The company has 10 employees. Neucyte offers products and services including SynFire Technology and MaxTwo Microelectrode Arrays. Its focus areas include Life Sciences, Life Sciences Platforms and Tools, Research Assays and Drug Discovery. Its legal entity is NEUCYTE, INC. Its competitors include Vivodyne, NextVivo and Adapsyn; 2 of its 3 listed competitors have raised funding.

Company details

Neucyte was founded in 2015 and is located in Sunnyvale, United States, within the biotechnology sector focused on neuroscience. Reprogramming technology is utilized to generate homogenous populations of various neuronal subtypes. Human neural in vitro systems are offered for evaluating higher-order electrophysiology, which aids in predicting drug efficacy and assessing potential CNS safety or toxicology risks. Human-specific neural phenotypes are examined through this platform, features absent in animal models.

  • Headquarters Sunnyvale, United States
  • Employees 10
  • Founders Tao Huang
  • Sectors
    Healthcare
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website neucyte.com
  • Social LinkedIn X
  • Legal Name Neucyte, Inc.
Key Metrics
  • Total Equity Funding
    $6.7M (USD)

    in 2 rounds

  • Latest Funding Round
    $500K (USD), Grant

    Sep 2024

  • Investors
    HHS

    & 2 more

  • Employee Count
    10

Products & Services of Neucyte

Neucyte offers a comprehensive portfolio of products and services, including SynFire Technology and MaxTwo Microelectrode Arrays.

SynFire Technology
Drug Discovery Platform

Generates iPSC-derived neurons for CNS target validation.

MaxTwo Microelectrode Arrays
In Vitro Tools

Enables functional characterization of neural cells in assays.

Funding Insights of Neucyte

Neucyte has successfully raised a total of $6.7M across 2 strategic funding rounds. The most recent funding activity was a Grant round of $500 thousand completed in September 2024. 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 $6.7M
  • Total Rounds 2
  • Last Round Grant β€” $500,000
  • First Round $6.7M

    (May 2018)

  • Investors Count 3

All 2 funding rounds of Neucyte with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2024$500,000Grant––
May 2018$6.7MSeries A–Co-win Ventures, Leaguer Group
–
Valuation history

3 investors in total: 3 institutional.

Investors in Neucyte

Neucyte has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include HHS, Co-win Ventures and Leaguer.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
VC fund investing in startups
cowinvc.comSuzhou, China
Leaguer is engaged in technology transfer and innovation services.
leaguer.com.cnShenzhen, China
Public health and human services are overseen by HHS.
1953hhs.gov
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Investor details for Neucyte

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People of Neucyte

7 people are tracked at Neucyte (4 in leadership, 3 in board & advisors); the tracked headcount is 10.

NameRoleGroup
Tao Huang
Co-Founder & PresidentLeadership
Wayne Poon
Head, NeuroscienceLeadership
Hui Liu
Director, Drug DiscoveryLeadership
Daniel Haag
Head of Neuroscience and Co-FounderLeadership
Jennifer Moore
Scientific AdvisorBoard & advisors
Paul J. Hagerman
Scientific AdvisorBoard & advisors
Ellen Fritsche
Scientific AdvisorBoard & advisors
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Complete people profiles for Neucyte

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Timeline of Neucyte

3 dated milestones of Neucyte across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded Neucyte is founded.
  2. Funding First funding round of $6.7M.
  3. Funding Latest funding round, Grant, of $500K.

Competitors of Neucyte

Neucyte has 3 listed competitors in our database, 2 of them funded. They include Vivodyne, NextVivo and Adapsyn.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
vivodyne.com2021Philadelphia, United States$117.69M
Developer of AI-based platform for lab-grown human tissues
nextvivo.bio2021Palo Alto, United States$7.9M8
Immune-competent human-derived models are developed for drug discovery applications.
adapsyn.com2016Hamilton, United States
Provider of computational tools for bacterial metabolomic and genomic data analysis
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Detailed competitors of Neucyte

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Web traffic of Neucyte

The website of Neucyte (neucyte.com) receives about 2.9K visits a month.

  • Monthly visits
    2.9K

    ▲ 265.6% vs previous month

Top companies in Life Sciences Platforms & Tools

3 companies that operate in the same segment as Neucyte (Life Sciences Platforms & Tools) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Medidata is recognized as a leading provider of SaaS solutions for clinical research.
1999New York, New York, United StatesUSD 41.5 M
AI-based solutions for health management are provided.
2015Dallas, Texas, United StatesUSD 2.8 B1,111
Real-world health data is provided for research and decisions.
2012Menlo Park, California, United StatesUSD 259.16 M
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Related news about Neucyte

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Frequently Asked Questions about Neucyte

Neucyte was founded in 2015 and raised its 1st funding round 3 years after it was founded.

Neucyte is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.

Neucyte is a funded company, having raised a total of $6.7M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6.7M, raised on May 2018.

Neucyte has 10 employees.

Neucyte was founded in 2015 and is located in Sunnyvale, United States, within the biotechnology sector focused on neuroscience. Reprogramming technology is utilized to generate homogenous populations of various neuronal subtypes. Human neural in vitro systems are offered for evaluating higher-order electrophysiology, which aids in predicting drug efficacy and assessing potential CNS safety or toxicology risks. Human-specific neural phenotypes are examined through this platform, features absent in animal models.

Neucyte's top competitors include Vivodyne, Adapsyn and NextVivo.

Neucyte offers SynFire Technology and MaxTwo Microelectrode Arrays.

Neucyte has 3 investors. Key investors include HHS, Co-win Ventures, and Leaguer.

Neucyte operates through Neucyte, Inc..

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