FundedIQ
Biotechnology

Altis Biosystems: Funding, Investors & Team (Aug 2026)

Altis Biosystems is a biotechnology company developing research tools for the pharma and biotech industries. The company has developed a patent-pending stem cell technology recreating the human intestinal epithelium for compound screening and microbiome research. Their organ on a chip product produces a layer of human or animal intestinal stem and differentiated cells, either of the small or large intestine. These cells can be used for disease modeling, precision medicine, microbiome research, and compound screening.

www.altisbiosystems.com LinkedIn Durham, United States 11-50 employees
Total raised
$1.4M
Rounds
2
Latest
Series A
Jan 2024

Altis Biosystems has raised $1.4M across 2 funding rounds on record, the most recent a Series A announced in Jan 2024.

Altis Biosystems Company Profile and Key Stats

Total funding raised
$1.4M
across 2 rounds on record
Funding rounds on record
2
1 with no disclosed amount
Latest funding round
Series A
Jan 2024
Employees
11-50
reported band
Headquarters
Durham, United States

Latest funding round on record: Jan 2024.

Altis Biosystems Funding Rounds

Date
Round
Amount
Series A
Undisclosed
Undisclosed round
$1.4M

1 of 2 rounds was announced without a disclosed amount and is excluded from the total.

Altis Biosystems raised $1.4M in an undisclosed round announced in Aug 2022.

1.4 years later, a Series A was announced in Jan 2024 with no disclosed amount.

Altis Biosystems Founders and Leadership Team

Name
Role
Contact
Ben Scruggs
Founder
Locked
Michael Biron
CEO

Contact details for the Altis Biosystems team: 1 of 2 have an email address on file.

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Altis Biosystems Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,179
$8.0M
29,722
$7.5M
8,352
$15M

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Altis Biosystems Funding FAQs

What does Altis Biosystems do?

Altis Biosystems is a biotechnology company developing research tools for the pharma and biotech industries. The company has developed a patent-pending stem cell technology recreating the human intestinal epithelium for compound screening and microbiome research. Their organ on a chip product produces a layer of human or animal intestinal stem and differentiated cells, either of the small or large intestine. These cells can be used for disease modeling, precision medicine, microbiome research, and compound screening.

How much funding has Altis Biosystems raised?

Altis Biosystems has raised $1.4M across 2 rounds on record.

When did Altis Biosystems last raise funding?

Altis Biosystems' most recent funding round on record was announced in Jan 2024. The amount was not disclosed.

Who founded Altis Biosystems?

FundedIQ lists Ben Scruggs (Founder) at Altis Biosystems.

Who is the CEO of Altis Biosystems?

Michael Biron is listed as CEO at Altis Biosystems.

Where is Altis Biosystems headquartered?

Altis Biosystems is based in Durham, North Carolina, United States.

How many employees does Altis Biosystems have?

Altis Biosystems is in the 11-50 employee band.

About FundedIQ's Altis Biosystems Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Altis Biosystems is left off this page rather than filled in.

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