ELEM Biotech: Funding, Investors & Team (Sep 2026)
ELEM is a start-up company conceived at the Barcelona Supercomputing Center (BSC) and host of MareNostrum supercomputer. ELEM is co-founded by BSC researchers Mariano Vázquez, Guillaume Houzeaux, José María Cela, and business consultant Chris Morton. The company has developed Alya Red, a set of simulation tools, which following a “Software-as-a-Service” model deployed in the cloud, focuses on medical devices and pharmaceutical industries. Alya Red simulates cardiovascular or respiratory systems on “virtual patients”. Combining high performance computing, computational biomechanics and data analysis, these computational avatars can be used by biomedical sector companies and clinicians to elaborate diagnoses, plan treatments, improve drug delivery and action, optimise medical devices, etc. ELEM headquarters are in Barcelona.
ELEM Biotech has raised $1.3M across 1 funding round on record, the most recent an Equity Crowdfunding of $1.3M announced in Dec 2021.
That round is below the $5.5M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.
ELEM Biotech Company Profile and Key Stats
Latest funding round on record: Dec 2021.
ELEM Biotech Funding Rounds
ELEM Biotech Founders and Leadership Team
No contact details are on record for this team yet.
ELEM Biotech Funding Compared to Other Artificial Intelligence Startups
ELEM Biotech's latest round of $1.3M is below the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.
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ELEM Biotech Funding FAQs
What does ELEM Biotech do?
ELEM is a start-up company conceived at the Barcelona Supercomputing Center (BSC) and host of MareNostrum supercomputer. ELEM is co-founded by BSC researchers Mariano Vázquez, Guillaume Houzeaux, José María Cela, and business consultant Chris Morton. The company has developed Alya Red, a set of simulation tools, which following a “Software-as-a-Service” model deployed in the cloud, focuses on medical devices and pharmaceutical industries. Alya Red simulates cardiovascular or respiratory systems on “virtual patients”. Combining high performance computing, computational biomechanics and data analysis, these computational avatars can be used by biomedical sector companies and clinicians to elaborate diagnoses, plan treatments, improve drug delivery and action, optimise medical devices, etc. ELEM headquarters are in Barcelona.
How much funding has ELEM Biotech raised?
ELEM Biotech has raised $1.3M across 1 round on record. The most recent is an Equity Crowdfunding of $1.3M announced in Dec 2021.
When did ELEM Biotech last raise funding?
ELEM Biotech's most recent funding round on record is an Equity Crowdfunding of $1.3M, announced in Dec 2021.
Who is the CEO of ELEM Biotech?
Christopher Morton is listed as CEO at ELEM Biotech.
Where is ELEM Biotech headquartered?
ELEM Biotech is based in Barcelona, Catalonia, Spain.
How many employees does ELEM Biotech have?
ELEM Biotech is in the 11-50 employee band.
How does ELEM Biotech's funding compare to other Artificial Intelligence startups?
ELEM Biotech's latest round of $1.3M is below the $5.5M median round size for Artificial Intelligence companies on FundedIQ across 7,233 tracked companies over the last two years.
About FundedIQ's ELEM Biotech 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 ELEM Biotech is left off this page rather than filled in.
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