Allevi (a 3D Systems Company)

Allevi (a 3D Systems Company)
Description: Allevi, founded in 2014 and headquartered in Philadelphia, Pennsylvania, USA, is a developer of desktop 3D bioprinters, bioinks, and laboratory software for life-sciences research. In May 2021, it was acquired by 3D Systems to bolster its regenerative medicine and bioprinting capabilities.

Vision:
To lead the future of bioprinting by enabling the creation of complex biological tissues and advancing personalized medical solutions.

Mission:
To empower scientists and innovators with advanced 3D bioprinting solutions that accelerate breakthroughs in healthcare and regenerative medicine.

Contact:
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References:
Investors:

Funding:
  • Pre-Seed Funding: Jul 17, 2014, $: US Dollar0.05 million
  • Seed Funding: Nov 1, 2014, $: US Dollar0.05 million
  • Equity Crowdfunding : Jul 15, 2015, $: US Dollar0.31 million
  • Seed Funding: Sep 3, 2015, $: US Dollar1.3 million
  • Series A Funding: Oct 30, 2019, $: US Dollar2 million
  • Initial Coin Offering : Nov 1, 2019, €1 million

Total Funding: $: US Dollar4.7 million

Key Milestones:
  • 2014 : Company founded by Ricky Solorzano in Philadelphia.
  • 2015–2020:: Raised approximately $3.58M over five funding rounds, notably a $1M round in October 2019; investors include 500 Global and Ben Franklin Technology Partners.
  • 2018–2019: Development and market deployment of Allevi 2 and Allevi 6 models, expanding lab adoption in pharma and academic institutions (~380 labs across 40+ countries).
  • May 6, 2021: Acquired by 3D Systems, integrating into its regenerative medicine and biofabrication portfolio
Sector:

Products & Services:
  • 3D Bioprinters: Options like the Allevi 2 and Allevi 6, capable of printing living tissue, hydrogels, collagen, PLGA, and graphene-based structures
  • Bioinks and Tool Heads: Diverse biomaterials and extruder kits enable multi-material or coaxial extrusion suited to tissue fabrication and drug discovery research.
  • Lab Software: Specialized applications for automating printing workflows and supporting regenerative medicine R&D.
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