ELEM Biotech

www.elem.bio ↗ ·Barcelona ·Seed

ELEM Biotech is a Barcelona-based biosimulation company that builds healthcare digital twins, computational models of human organs used to run in silico (virtual) trials for pharmaceutical companies, contract research organisations, medical device manufacturers and regulators. Its cloud platform V.HEART Trials lets users set up, run and analyse virtual clinical trials, and V.HEART Discovery flags drug candidates at risk of QT prolongation in humans. The company reports more than 15,000 digital twin studies completed. Its core technology is based on the Alya multi-physics simulation code. It was founded in 2018 as a spin-off of the Barcelona Supercomputing Center (BSC), UPC and CSIC, and also has an office in Bristol. ELEM has raised seed funding through Capital Cell and Namarel Ventures, along with European Innovation Council (EIC) grant funding.

Founded
2018
Founders
4
Total funds raised
€1.2M
Rounds
1
Investors
4
Last round
Dec 2021
SectorsHealthtech, Biotech, Digital twins, In silico clinical trials, Biosimulation Start-up MapHealthtech & Bio › R&D tools & software for life sciences

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Founders

Christopher Morton
Co-Founder & CEO
Guillaume Houzeaux
Co-Founder
José María Cela
Co-Founder
Mariano Vázquez
Co-Founder & CTO

Global models 5

Unlearn
United States · www.unlearn.ai ↗
Sells AI-built digital twins of patients to pharma companies so they can run smaller, partly virtual clinical trials, which is the same in silico trial offer aimed at the same buyers.
$135MComparable
Aitia
United States · aitiabio.com ↗
Builds causal 'Gemini' digital twins of human disease biology and sells simulation-driven drug discovery and development to pharma partners.
$100MComparable
Turbine
Hungary · turbine.ai ↗
Offers a simulation platform of virtual cells that pharma companies use to run in silico experiments and predict drug response before lab and clinical work.
$45MComparable
Nova
Runs knowledge-based computational disease models and virtual patient populations to deliver in silico clinical trials for pharma and biotech clients.
$25MComparable
VeriSIM Life
United States · www.verisimlife.com ↗
Sells a hybrid AI and physiological simulation platform (BIOiSIM) that predicts how drug candidates behave in humans, including safety risk, for pharma companies.
$20MComparable

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Investors 4

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Funding rounds 1

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