Satellite Bio

Cambridge, United States Founded: 2019 • Age: 7 yrs
Proprietary implantable satellite organs are developed for cell therapy.

About Satellite Bio

Satellite Bio is a Healthcare company based in Cambridge (United States) founded in 2019 by Arnav Chhabra and Christopher Chen. It operates as a proprietary implantable satellite organs are developed for cell therapy. Satellite Bio has raised $110 million across 2 funding rounds from investors including Lightspeed Venture Partners, aMoon and Polaris Partners. The company has 21 employees. Satellite Bio offers products and services including SAT Platform and Tissue Therapeutics. Its focus areas include Life Sciences, Regenerative Medicine, Bioartificial Organs and Diversified Medical Devices. Its legal entity is SATELLITE BIOSCIENCES INC. Its competitors include KaloCyte, CorNeat Vision, Stratatech Corp, Morphocell Technologies and Haimai Medical and 3 more; 5 of its 8 listed competitors have raised funding.

Company details

Satellite Bio was founded in 2019 in Cambridge, United States, and operates in the regenerative medicine sector. Proprietary implantable satellite organs are developed through synthetic biology and tissue engineering to support living therapeutic solutions. Hydrogel grafts are created, and in vitro assays are conducted as part of cell therapy efforts. Focus is placed on advancing treatments in this field.

  • Headquarters Cambridge, United States
  • Employees 21
  • Founders Arnav Chhabra, Christopher Chen
  • Sectors
    Healthcare
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website satellite.bio
  • Social LinkedIn
  • Legal Name Satellite Biosciences Inc
Key Metrics
  • Total Equity Funding
    $110M (USD)

    in 2 rounds

  • Latest Funding Round
    $91M (USD), Series A

    Feb 2022

  • Investors
  • Employee Count
    21

Products & Services of Satellite Bio

Satellite Bio offers a comprehensive portfolio of products and services, including SAT Platform and Tissue Therapeutics.

SAT Platform
Biotech Platform

Enables expansion and delivery of solid organ cells for regenerative therapies.

Tissue Therapeutics
Cell Therapy

Delivers living cells to repair or replace organ functions like the liver.

Funding Insights of Satellite Bio

Satellite Bio has successfully raised a total of $110M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $91 million completed in February 2022. 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 $110M
  • Total Rounds 2
  • Last Round Series A β€” $91M
  • First Round $19M

    (Nov 2020)

  • Investors Count 6

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2022$91MSeries A–aMoon
Nov 2020$19MSeed–Lightspeed Venture Partners, aMoon
–
Valuation history

6 investors in total: 6 institutional.

Investors in Satellite Bio

Satellite Bio has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Lightspeed Venture Partners, aMoon and Polaris Partners.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
1997lsvp.comMenlo Park, United States
Venture capital investments in healthcare are focused on by aMoon.
–amoon.fund-
US focused venture capital firm
–polarispartners.comBoston, United States
Venture capital is provided to biomedical technology startups.
–cataliocapital.comNew York, United States
Waterman Ventures is focused on supporting innovative growing businesses.
–watermanventures.nlUtrecht, Netherlands
Tech startups are funded by S32, a venture capital entity.
–s32.comSunnyvale, United States
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Investor details for Satellite Bio

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People of Satellite Bio

29 people are tracked at Satellite Bio (8 in leadership, 14 in board & advisors, 7 in team); the tracked headcount is 21.

NameRoleGroup
Arnav Chhabra
Co-FounderLeadership
Christopher Chen
Co-FounderLeadership
Thomas Lowery
CTOLeadership
Marcus Lehmann
Associate Director, Drug Product Process DevelopmentLeadership
Sophie Cazanave
Senior DirectorLeadership
Diane Marcou
Consulting CFOLeadership
Sunil Mallanna
Senior Director & Head Of Regenerative BiologyLeadership
Julie Morse
Vice President, Technical OperationsLeadership
Scott Friedman
AdvisorBoard & advisors
Terrance McGuire
AdvisorBoard & advisors
Sangeeta N. Bhatia
Co-FounderBoard & advisors
Ellie McGuire
DirectorBoard & advisors
Yair Schindel
DirectorBoard & advisors
Robert Langer
AdvisorBoard & advisors
Steve Kafka
DirectorBoard & advisors
William Young
DirectorBoard & advisors
Mani Subramanian
AdvisorBoard & advisors
Gyongyi Szabo
AdvisorBoard & advisors
Marcela Maus
AdvisorBoard & advisors
Seth Karp
AdvisorBoard & advisors

9 more people are available in the full profile.

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Complete people profiles for Satellite Bio

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Timeline of Satellite Bio

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

  1. Founded Satellite Bio is founded.
  2. Funding First funding round of $19.0M.
  3. Funding Latest funding round, Series A, of $91.0M.

Competitors of Satellite Bio

Satellite Bio has 8 listed competitors in our database, 5 of them funded. They include KaloCyte, CorNeat Vision, Stratatech Corp, Morphocell Technologies and Haimai Medical, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
kalocyte.com2016St. Louis, United States$1.1M–
Nanotechnology-based red blood cell substitutes are developed.
corneat.com2015–$4M–
Nanotechnology-based artificial corneal implants are developed for ophthalmic use.
stratatechcorp.com2000United States$3.68M47
Cell-based skin substitutes are developed for therapeutic and research uses.
morphocell.com2018Montreal, Canada––
Engineered liver tissues are developed for liver disease treatments.
humatrix-medical.com2021Suzhou, China––
Tissue engineering technologies for cardiovascular regenerative surgeries are developed.
videregen.com2012Liverpool, United Kingdom$2.59M8
Tissue repair is advanced through thymus stem cell science by Videregen.
golivertx.com2017Nantes, France––
Develops stem cell-based therapies to repair liver without transplantation.
juntenbio.co.jp2018Chiyoda, Japan$1.85M–
Regenerative medicine products are developed for immune tolerance induction.
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Detailed competitors of Satellite Bio

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Top companies in Diversified Medical Devices

10 companies that operate in the same segment as Satellite Bio (Diversified Medical Devices), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Medical equipment for treating over 30 chronic diseases is developed.
1949Minneapolis, Minnesota, United States–USD 36.36 B95,000
Wide range of medical devices
1979Marlborough, Massachusetts, United States–USD 20.07 B53,000
Healthcare solutions are provided by Johnson & Johnson globally.
1886New Brunswick, New Jersey, United States–USD 94.18 B139,800
Diagnostic and surgical products for women's healthcare are provided.
1985Marlborough, Massachusetts, United States–USD 4.1 B7,060
Developer of drug candidates for the treatment of rare CNS disorders
1971Boston, Massachusetts, United StatesUSD 105.8 M–487
Surgical instruments are manufactured for multiple therapeutic areas.
1987Utica, New York, United States–USD 1.37 B3,900
A wide range of medical devices is developed by HOYA.
1941Tokyo, Tokyo, Japan–USD 5.94 B37,910
Medical devices for cardiac and neuromodulation therapies are manufactured globally.
1976Saint Paul, Minnesota, United States–––
Complex healthcare challenges are addressed through technology solutions by Commure.
2016San Francisco, California, United StatesUSD 823.3 M–316
Provider of medical devices for emergency medicine and various health conditions
1943Wayne, United States–USD 1.99 B14,100
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Frequently Asked Questions about Satellite Bio

Satellite Bio was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Satellite Bio is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.

Satellite Bio is a funded company, having raised a total of $110M across 2 funding rounds to date. The company's 1st funding round was a Seed of $19M, raised on Nov 2020.

Satellite Bio has 21 employees.

Satellite Bio was founded in 2019 in Cambridge, United States, and operates in the regenerative medicine sector. Proprietary implantable satellite organs are developed through synthetic biology and tissue engineering to support living therapeutic solutions. Hydrogel grafts are created, and in vitro assays are conducted as part of cell therapy efforts. Focus is placed on advancing treatments in this field.

Satellite Bio's top competitors include KaloCyte, Stratatech Corp and Morphocell Technologies.

Satellite Bio offers SAT Platform and Tissue Therapeutics.

Satellite Bio has 6 investors. Key investors include Lightspeed Venture Partners, aMoon, Polaris Partners, Catalio Capital Management, and Waterman Ventures.

Satellite Bio operates through Satellite Biosciences Inc.

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