🦊/Companies

PBS Biotech

Camarillo, US · Delaware corporation · 1 known investors

Find your way into PBS Biotech

180 people in our graph share verified history with the PBS Biotech team — schools, employers, funds. One of them is your warm intro.

Luke Evninunlockedknows Brian Lee · together at University of California, San Francisco (overlapped)
×2knows the team · via University of Wisconsin-Madison
×7knows the team · via Amgen
×2knows the team · via Michigan State University

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

BL
Brian LeeinFounder & 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.
MC
Matt CroughanExecutive
NBNelson Bermudez
Nelson BermudezinChief Operating Officer, EVP2020–2025
TMTerrell Mathews
Terrell MathewsinChief Commercial Officer (CCO)
BP
Bryan PoltiloveNamed on SEC filing
JL
Jung LimNamed on SEC filing

Board

XL
Xiaoshen LiaoBoard director
DFDaniel Friedman
Daniel FriedmaninBoard MemberManaging Director at BroadOak Capital Partners
DF
Dennis FentonBoard director
LF
Leland FosterBoard director

Investors · 1

Reported raises · per SEC filings

Form D private placements

$43.2M disclosed across 2 of 3 rounds · 2021–2024

$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
Full filing on SEC EDGAR ↗
$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
Full filing on SEC EDGAR ↗

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.
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.