Beta Bionics
Early Stage
Building a bionic pancreas to improve the lives of people with type 1 diabetes
Overview
Platform
Self Managed
Start Date
07/01/2019
Close Date
07/22/2019
Max. Goal
$63,360,000
Min. Investment
$0
Security Type
Equity - Common
SEC Filing Type
RegD 506(b)
Year Founded
2015
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Location
Boston, Massachusetts
Beta Bionics is raising funds independently via Reg D 506(b) raise. The company has developed effective diabetes management solutions to facilitate people with diabetes and their caregivers. Beta Bionics has received FDA clearance for the first and only automated insulin-delivery system, iLet Bionic Pancreas, that determines 100% of all insulin doses. The system only needs the patient’s body weight to get started and does not involve carb counting, corrections, or calculating boluses. Ed Damiano founded Beta Bionics in 2015. The current crowdfunding campaign has a maximum target of $63.36 million. The campaign proceeds will be used for growth and expansion.
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Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Beta Bionics | 08/30/2023 | Self Managed | - | $0 | Other Security Type | Funded | RegD 506(c) |
| Beta Bionics | 03/02/2022 | Self Managed | - | $0 | Equity - Common | Funded | RegD 506(b) |
| Beta Bionics | 07/22/2019 | Self Managed | - | $0 | Equity - Common | Funded | RegD 506(b) |
| Beta Bionics | 12/27/2017 | Self Managed | - | $0 | Equity - Common | Funded | RegD 506(b) |
| Beta Bionics | 12/19/2016 | Wefunder | $100,000,000 | $1,000,000 | Equity - Common | Funded | RegCF |
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