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Frontier Bio isn't accepting new investments

Frontier Bio’s deadline was January 27, 2025

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Frontier Bio

The future of engineered tissues
B2B Fight Disease Wellbeing & Longevity Latinx Founders Healthtech Deep Tech 3D Printing Biotechnology
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Committed
$159,250.00
Allocation
$600K
Valuation cap
$24M
Instrument
SAFE
Deadline
January 27, 2025
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Closed on January 27, 2025. Information may not be up-to-date. Campaign closed on January 27, 2025. Information displayed may not be up-to-date.
Opportunity Product Traction Biz. model Vision and strategy Leadership Disclaimers
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Documents

Capital R (OpenDeal Broker LLC, CRD #291387) is hosting this Reg D 506(c) securities offering by Frontier Bio Corporation.
Company documents
Frontier Bio SAFE Frontier Bio PPM Supplement.pdf Frontier Bio PPM.pdf Form CRS.pdf Accreditation FAQs.pdf Disclosures & Disclaimers.pdf Additional Risk Disclosures.pdf
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Investment summary


  • Frontier Bio creates advanced lab-grown human tissues
  • Replacing animal testing with human tissues made from human cells
  • One day making the organ transplant waitlist obsolete with on-demand organs
  • ~$5.2M in sales for tissues and tissue engineering services
  • ~$3.5M funding (Angels + VCs)
  • NSF SBIR-Funded ($256k)
  • $110B Market (2023)

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Disclosures & disclaimers

Opportunity


Towards On-Demand Organs

Only 10% of the global organ demand is met, according to the World Health Organization, and there are over 150,000 organ transplants per year.

Frontier Bio aims to eliminate the organ transplant waitlist by creating human organs in the lab. 

This is an ambitious goal. So how do we get there?


Product


An Alternative to Animal Testing

We're starting by creating lab-grown human tissues for use as a better replacement for animal studies. We've already generated $5.2M in sales for various applications.

Hundreds of millions of animals are used for medical device testing, drug development, and disease modeling. ~90% of drugs that work in animals end up failing in human clinical trials, often costing billions of dollars. 

Human tissues allow more relevant data to be generated in comparison to animals.

We generate most of our revenue by developing tissue products for customers performing research traditionally done in animals.

Towards Implantable Tissues

Our first implantable tissue for patients will be a tissue-engineered blood vessel product. 

DSC01747_edited_edited_edited_edited_edited.png

Synthetic vascular grafts implanted to treat Peripheral Artery Disease have a failure rate of 65% within 2 years of implantation. The gold standard is to use a vessel or vein from another part of the body, but the availability is limited, they are invasive to harvest, and this adds a lot of time to the surgery. Frontier Bio aims to create implantable living blood vessel grafts with a much lower failure rate compared to synthetic vascular grafts.

Beyond blood vessels, Frontier Bio's technology is applicable to various other tissues like kidney, liver, heart, and lung. We've made a giant leap in the creation of lab-grown lung microtissue and are working towards scaling the technology to larger and larger sizes.

Traction


We've had the pleasure of working with some big names in the industry like Mayo Clinic and Intuitive Surgical. We've worked with many other organizations including government, medical device companies, Universities, and startups. Our sales have reached $5.2M.

We've been awarded a National Science Foundation SBIR grant for our innovative work. We also have support from StartX - a Stanford-affiliated accelerator supporting promising startups.

Our efforts have attracted ~$3.5M in funding from various angel investors and VCs.

Business model


In the long-run, Frontier Bio aims to supply lab-grown organs, like lungs and kidneys, to hospitals. There is a big demand for simpler tissues like blood vessels as well, which Frontier Bio is working on (funded in part by the NSF, and in collaboration with Mayo Clinic).

Currently, we are selling our tissues and tissue engineering services to customers that are working on applications that would normally require animal testing. 

For example, with one customer, we are developing a "brain-on-a-chip" for them to study Traumatic Brain Injury (TBI) - a research field that traditionally uses animals. TBI can be experienced by people who play sports, soldiers, crash victims and more. The $1.1M contract is split into development milestones, delivery of chips, and an optional supply agreement. Frontier Bio is free to commercialize the chips to other customers after it's developed.

We’ve successfully executed multiple projects across different clients, enhancing our products, services, and intellectual property. As we expand into the pharmaceutical sector, our larger contracts will address a critical industry challenge: the high failure rate and costs of drug development. By testing drugs on human tissues produced by Frontier Bio, we aim to significantly reduce the inefficiencies and financial losses associated with drugs that fail in human trials.

Vision and strategy


A Bold Vision

We strive for a future where life-saving organs are readily available, and medical research progresses without the use of animals. 

According to BCC Research, in 2023, this market was over $100B with a 34.8% growth rate. The market is vast and shows signs of significant momentum.

To help us on our way to eliminate the organ transplant waitlist, we are generating revenue from customers who have a need for our lab-grown human tissues and tissue engineering services for applications that traditionally would be done in animals. 

Animal studies often don't translate well to humans, but the FDA historically has required them. However, the recent FDA Modernization Act 2.0 allows for animal trial alternatives to be used instead of traditional animal modeling.

This regulatory change marks a pivotal moment for our industry. Frontier Bio is leading the way, transforming medical research and patient care to bring our visionary future into reality.

Leadership


Frontier Bio's innovative team consists of entrepreneurs, scientists, and engineers. Together, we're shaping the future of engineered tissue.

Leadership Team:

Eric Bennett, CEO: Eric is a serial entrepreneur with deep expertise in developing advanced technologies. As former CTO of Aether, he led the creation of affordable, feature-rich bioprinters. His scientific background spans brain-computer interfacing, optogenetics, microfluidics, DNA assembly, and bioprinting. He holds a Master’s in Biomedical Engineering, focused on using optogenetics and brain-computer interfaces to address neural disorders. Eric is driven to create transformative technologies that push boundaries.

Samand Pashneh-Tala, CTO: Sam completed his PhD and fellowship at the University of Sheffield. His research focused on producing tissue-engineered blood vessels for clinical and in vitro applications, including collaborations with leading medical device and 3D printing companies. Prior to joining Frontier Bio, Sam ran a boutique consultancy firm for tissue engineering and advanced medical device design, working with industry and academic clients.

Victoria-Elisabeth Gruber, Head of Translational Research: Victoria is an expert in 3D cell culture models and neuropathology. Prior to joining Frontier Bio, she was a Postdoctoral Fellow at Harvard Medical School where she researched the genetics of tuberous sclerosis complex. She has a doctorate in Clinical Neurosciences and a master’s degree in Biochemistry. In 2022, she received the Herbert-Reissner Prize for her outstanding work in epilepsy research. Currently, she leads the development of neural technologies at Frontier Bio.

Disclaimers


Certain information set forth in this presentation contains “forward-looking information”, including “future-oriented financial information” and “financial outlook”, under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the Company’s business, projects, and joint ventures; (iv) execution of the Company’s vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company’s projects; (vi) completion of the Company’s projects that are currently underway, in development or otherwise under consideration; (vi) renewal of the Company’s current customer, supplier and other material agreements; and (vii) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment.

These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.

Although forward-looking statements contained in this presentation are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.

Except where otherwise indicated, the information herein was compiled as of October 22, 2024 and Frontier Bio Corporation does not have any obligation to update material.

The offering is not an offer to sell, nor shall any Interests be offered or sold to any person in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction.  Any securities referenced herein have not been registered under the United States Securities Act of 1933, as amended, or under any applicable state securities laws or the securities lase of any other jurisdiction, nor is any such registration contemplated.  The information contained in this material has not been recommended, approved or disapproved by the United States Securities and Exchange Commission or by any State securities commission or any similar body nor have any of the foregoing authorities passed on the accuracy or adequacy of this material.  Any representation to the contrary is a criminal offense.

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Documents

Capital R (OpenDeal Broker LLC, CRD #291387) is hosting this Reg D 506(c) securities offering by Frontier Bio Corporation.
Company documents
Frontier Bio SAFE Frontier Bio PPM Supplement.pdf Frontier Bio PPM.pdf Form CRS.pdf Accreditation FAQs.pdf Disclosures & Disclaimers.pdf Additional Risk Disclosures.pdf

About Frontier Bio

Legal Name
Frontier Bio Corporation
Founded
Apr 2018
Form
Delaware Corporation
Employees
9
Website
frontierbio.com
Social Media
Headquarters
Google Map location of of Frontier Bio
3515 Breakwater Avenue , Hayward, CA
Headquarters
3515 Breakwater Avenue, Hayward, CA, United States 94545

Frontier Bio Team
Everyone helping build Frontier Bio, not limited to employees

Profile picture of George Church
George Church
Advisor
Profile picture of Victoria Gruber
Victoria Gruber
Head of Translational Research
Profile picture of Eric Bennett
Eric Bennett
CEO
Profile picture of Julia Schachenhofer
Julia Schachenhofer
Research Scientist
Profile picture of Sam Pashneh-Tala
Sam Pashneh-Tala
CTO
Profile picture of Omkaar Buddhikot
Omkaar Buddhikot
Tissue Engineer
Profile picture of Nigel Gomes
Nigel Gomes
Mechatronics Engineer
Profile picture of Riza Sarmiento
Riza Sarmiento
Office Manager
Profile picture of Andrew Rutter
Andrew Rutter
Sr. Engineer
Profile picture of Zhipeng Liang
Zhipeng Liang
Research Scientist
Profile picture of Wonjae Lee
Wonjae Lee
Advisor & Assistant Professor of Neurosurgery
Profile picture of Rami El Assal
Rami El Assal
Advisor & Investor
Profile picture of Ravi Belani
Ravi Belani
Advisor, Stanford Instructor, & CEO of Alchemist
Profile picture of Ashley Krebs
Ashley Krebs
Operations Manager
Profile picture of Sina Moeinzadeh
Sina Moeinzadeh
Advisor & Consultant
Profile picture of Matthew Shore
Matthew Shore
Board Member
Profile picture of Louise Kirkbride
Louise Kirkbride
Advisor
Profile picture of Jaimie Shores
Jaimie Shores
Advisor & Reconstructive Surgeon
Profile picture of Terrence McKenna
Terrence McKenna
Board Member
19 more team members
George Church
Advisor
Victoria Gruber
Head of Translational Research
Eric Bennett
CEO
Julia Schachenhofer
Research Scientist
Sam Pashneh-Tala
CTO
Omkaar Buddhikot
Tissue Engineer
Nigel Gomes
Mechatronics Engineer
Riza Sarmiento
Office Manager
Andrew Rutter
Sr. Engineer
Zhipeng Liang
Research Scientist
Wonjae Lee
Advisor & Assistant Professor of Neurosurgery
Rami El Assal
Advisor & Investor
Ravi Belani
Advisor, Stanford Instructor, & CEO of Alchemist
Ashley Krebs
Operations Manager
Sina Moeinzadeh
Advisor & Consultant
Matthew Shore
Board Member
Louise Kirkbride
Advisor
Jaimie Shores
Advisor & Reconstructive Surgeon
Terrence McKenna
Board Member

Press

Lab-Grown Lung Tissue for Diseases and Transplants
Lifespan Lifespan
·
Oct 2, 2024

Frontier Bio Corporation has announced a groundbreaking achievement in lab-grown lung tissue. By combining 3D bioprinting...

Lab-grown lung tissue paves way for advances in organ tra...
Longevity.Technology - Latest News, Opinions, Analysis and Research Longevity.Technology - Latest News, Opinions, Analysis and Research
·
Oct 1, 2024

Frontier Bio develops complex lab-grown lung tissue using 3D bioprinting and stem cell tech that will also aid respirator...

Frontier Bio's lab-grown lung tissue - a new way for futu...
3D Printing Industry 3D Printing Industry
·
Oct 1, 2024

Biotechnology research company Frontier Bio has reported progress in developing lab-grown lung tissue, achieved by integr...

Frontier Bio's Bioprinted Breakthrough: Lab-Grown Lung Ti...
3DPrint.com | The Voice of 3D Printing / Additive Manufacturing 3DPrint.com | The Voice of 3D Printing / Additive Manufacturing
·
Oct 1, 2024

California biotech company Frontier Bio has successfully bioprinted human lung tissue, setting a new milestone in tissue ...

Frontier Bio's 3D printed blood vessels could replace ani...
VoxelMatters - The heart of additive manufacturing VoxelMatters - The heart of additive manufacturing
·
Oct 24, 2023

Frontier Bio's 3D printed blood vessels - mimicking natural vascular architecture and even disease states - could replace...

Frontier Bio on LinkedIn: 🎉 Exciting News: Frontier Bio W...
Linkedin Linkedin

🎉 Exciting News: Frontier Bio Wins at the NAMIC Startup Innovation Forum Pitch Competition! :tada: We are thrilled to ann...

Frontier Bio Leads Medical Innovation with "Lab-Grown" Bl...
Prnewswire Prnewswire

PRNewswire/ -- Frontier Bio Corporation has unveiled a transformative method designed to fabricate living human blood ves...

Show all
Logo of Frontier Bio

Frontier Bio

Frontier Bio successfully raised $141,324 from 40 investors on January 27, 2025
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