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PBS Biotech
Camarillo, US · Delaware corporation · 2 known investors
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PBS Biotech develops Vertical-Wheel bioreactors and related accessories for scalable manufacturing of cell therapies, including allogeneic therapies derived from induced pluripotent stem cells, mesenchymal stem cells, and CAR-T or NK cells. It serves cell therapy developers from R&D through clinical trials and commercialization, offering products, consulting packages, and process scale-up support.
Founders & leadership
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Brian LeeFounder & Chief Technology OfficerBrian Lee is an executive officer and director at PBS Biotech with over 23 years of experience in biopharmaceutical R&D and biomanufacturing, including work on bioprocess development, scale-up, and technology transfer across cell culture, fermentation, and regenerative medicine platforms. He holds patents in biotech and biomanufacturing devices, has published in peer-reviewed journals, and serves on advisory boards for academic bioprocessing programs.
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Matt CroughanExecutive
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Nelson BermudezChief Operating Officer, EVP2020–2025He has 30 years of experience in biopharmaceutical operations, including protein and device manufacturing, cGMP compliance, facility design, and commercialization of therapeutics and medical devices.
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Terrell MathewsChief Commercial Officer (CCO)With over 20 years of global commercial experience, he has held leadership roles in revenue acceleration, margin enhancement, international expansion, and M&A across businesses with annual revenues exceeding $500 million, operating in over 30 countries.
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Bryan PoltiloveNamed on SEC filing
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Jung LimNamed on SEC filing
Board
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Xiaoshen LiaoBoard director
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Dennis FentonBoard director
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Leland FosterBoard director
Investors · 2
Reported raises · per SEC filings
Form D private placements$43.2M disclosed across 2 of 3 rounds · 2021–2024
▶$8.5MraisedSep 2024 · 3 investors · BiotechnologyRule 506(b)
▶$8.5MraisedSep 2024 · 3 investors · Biotechnology
Rule 506(b)Officers, directors & promoters on the filing
- Xiaoshen LiaoDirector
- Brian LeeExecutive Officer, Director
- Daniel FriedmanDirector
- Matt CroughanExecutive Officer
- Nelson BermudezExecutive Officer
- Terrell MathewsExecutive Officer
- Dennis FentonDirector
- Leland FosterDirector
- Offering amount
- $17M
- Amount sold
- $8.5M
- First sale
- Sep 2024
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$34.7MraisedJan 2023 · 3 investors · BiotechnologyRule 506(b)
▶$34.7MraisedJan 2023 · 3 investors · Biotechnology
Rule 506(b)Officers, directors & promoters on the filing
- Bryan PoltiloveDirector
- Dennis FentonDirector
- Leland fosterDirector
- Jung LimDirector
- Brian LeeExecutive Officer, Director
- Xiaoshen (Jerry) LiaoDirector
- Offering amount
- $34.7M
- Amount sold
- $34.7M
- First sale
- Dec 2022
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
Frequently asked questions
- What does PBS Biotech do?
- PBS Biotech develops Vertical-Wheel bioreactors and related accessories for scalable manufacturing of cell therapies, including allogeneic therapies derived from induced pluripotent stem cells, mesenchymal stem cells, and CAR-T or NK cells. It serves cell therapy developers from R&D through clinical trials and commercialization, offering products, consulting packages, and process scale-up support.
- Who founded PBS Biotech?
- PBS Biotech was founded by Brian Lee.
- Who are PBS Biotech's investors?
- PBS Biotech's investors include Avego BioScience Capital, BroadOak Capital Partners.
- How much funding has PBS Biotech raised?
- PBS Biotech has disclosed $43.2M raised across 2 of its 3 known rounds.
- Where is PBS Biotech headquartered?
- PBS Biotech is headquartered in Camarillo, US.