Who founded iota Biosciences?

iota Biosciences was founded by Michel Maharbiz, Jose Carmena in 2017.

Who are iota Biosciences's investors?

iota Biosciences's investors include Bold Capital Partners.

How much funding has iota Biosciences raised?

iota Biosciences has disclosed $15M raised across 1 round.

Where is iota Biosciences headquartered?

iota Biosciences is headquartered in Berkeley, US.

iota Biosciences

Acquired

Berkeley, US · Founded 2017 · Delaware corporation · 1 known investors

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Acquired by Astellas Pharma October 2020 · $127.5M ($127.5M upfront plus up to $176.5M in milestone payments) · source ↗

Iota Biosciences was a UC Berkeley spinout that developed ultrasound-powered, millimeter-scale implantable "neural dust" devices to wirelessly monitor and stimulate nerves and organs for treating chronic diseases.

Founders & leadership

iota Biosciences was founded in 2017 by Michel Maharbiz and Jose Carmena.

Michel MaharbizCo-founder

Jose CarmenaCo-founder

Patrick ZhangNamed on SEC filing

Investors · 1

Bold Capital Partnerslisted by Bold Capital PartnersSanta Monica

How we know: Bold Capital Partners's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us

Reported raises · per SEC filings

Form D private placements

$15M disclosed across 1 round · 2018

▶$15MraisedMay 2018 · 17 investors · Other Technology

Rule 506(b)

Officers, directors & promoters on the filing

Michel MaharbizExecutive Officer, Director
Jose CarmenaExecutive Officer, Director
Patrick ZhangDirector

Offering amount: $15M
Amount sold: $15M
First sale: May 2018
Incorporated: Corporation, Delaware, 2017
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

What does iota Biosciences do?: Iota Biosciences was a UC Berkeley spinout that developed ultrasound-powered, millimeter-scale implantable "neural dust" devices to wirelessly monitor and stimulate nerves and organs for treating chronic diseases.
Who founded iota Biosciences?: iota Biosciences was founded by Michel Maharbiz, Jose Carmena in 2017.
Who are iota Biosciences's investors?: iota Biosciences's investors include Bold Capital Partners.
How much funding has iota Biosciences raised?: iota Biosciences has disclosed $15M raised across 1 round.
Where is iota Biosciences headquartered?: iota Biosciences is headquartered in Berkeley, US.