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About Cell Innovation Partners

Cell Innovation Partners is a venture capital firm founded in 2014. It is primarily based out of Yokohama, Japan. As of Apr 2019, Cell Innovation Partners has invested in 4 companies. It primarily invests in Series B round in Australia based startups. Its investments are spread across a wide range of sectors from Life Sciences to High Tech and Healthcare. Most recently it participated in the $***** Series B round of Symic Biomedical Overall, Cell Innovation Partners portfolio has seen 1 IPO and 1 acquisition, namely Steminent Biotherapeutics and Elastagen.
Key Metrics
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A & Series B
Portfolio Acquisitions

Cell Innovation Partners' List of All Investments

Cell Innovation Partners has a portfolio of 4 companies. Their most notable investmentis in Symic BiomedicalTheir portfolio spans across Australia, Spain, Taiwan and 1 more locations. They have invested in Life Sciences, High Tech, Healthcare, across Series A, Series B stages. Here is the list of all investments by Cell Innovation Partners:
Developer of compounds to protect against tissue degradation and promote healing during illness or injury. The pipeline candidates include SB-061 for osteoarthritis, and SB-0303 for peripheral vascular disease/vein graft failure, fibrosis, and cancer.

Key facts about Symic Biomedical

Steminent Biotherapeutics is a company engaged in the R&D of cellular therapeutics for diseases with unmet needs, based on their expertise in the know-how of isolation, purification, and amplification of standardized stem cell products. The company has developed a validated platform (Stemchymal) of allogeneic stem cells which initially target neurodegenerative and other degenerative diseases. The company's proprietary cell processing system can be used for the isolation of multipotent stem cells from a number of somatic tissues (adipose). The company is currently conducting autologous mesenchymal stem cells based Phase I/II clinical trial for treating Osteoarthritic Knee (NCT02544802) and a randomized, double-blind/placebo-controlled phase II clinical trial (NCT02540655) for PolyQ Spinocerebellar Ataxia (SCA), which also has an orphan drug destination.

Key facts about Steminent Biotherapeutics

  • Founded Year: 2009
  • Location: Taipei (Taiwan)
  • Stage: Public
  • Total Funding till date: $2.1M
  • Employee Count: 23 as on Jul 31, 2026
  • Investors: Cell Innovation Partners
  • Latest Funding Round: Series A, Aug 25, 2017, $*****
  • Highlight: Public
Elastagen is a clinical stage medical company with a pipeline of formulation products based on the human protein tropoelastin.The company was founded after the acquisition of the Elastin technology from its founding scientist Prof Weiss (who is also the company's Lead Scientific Advisor) and his team at the University of Sydney. The Elastin technology offers a new pathway to produce a synthetic, identical and recombinant version of the naturally found "tropoelastin", the building blocks of elastin, a critical component in tissues responsible for the ability of lungs, skin, arteries and other elastic ligaments to stretch and recoil. The company claims that it is the first and only provider of commercial cGMP clinical grade human tropoelastin which can be used to support cell growth and tissue repair. Elastagen also claims the recombinant tropoelastin has an ideal biocompatibility profile and no immune rejection problems. Currently, the company is conducting pivotal clinical studies an injectable dermo-aesthetic product that supposedly restores the elasticity of the skin. In addition, it is investigating solutions for Atrophic Scars, Scar Revision and wound healing. Elastagen claims that its technology has potential applications in skin rejuvenation, scar remodelling and tissue repair. The company also has operations in Europe and UK.

Key facts about Elastagen

  • Founded Year: 2003
  • Location: Sydney (Australia)
  • Stage: Acquired
  • Total Funding till date: $14.7M
  • Employee Count: 2 as on Jul 31, 2026
  • Investors: GBS, ATP-Innovations and 7 Others
  • Latest Funding Round: Grant (prize money), Oct 11, 2016, $*****
  • Highlight: Acquired
HistoCell is a spin-off from the University of the Basque Country and engages in developing new technologies in regenerative medicine. The company uses Adult Mesenchymal Stem Cells (AMSCs) and bioactive materials (scaffolds) as their key technology and focuses n these therapeutic areas bone regeneration, advanced wound healing, inflammatory diseases, neurodegeneration, and ischemia or lung therapy. The product line of the company includes Wharton Gel complex (Cosmetic ingredient with regenerative property), medical device (Rexocare-wound dressing with antioxidant properties, Histogel (Natural product with tissue regeneration properties), Histobone (Engineered synthetic bone matrix of structured porous monetite (Calcium phosphate derivate) for osseous regeneration). Additionally, the company also offers services in the manufacturing of cell therapy products for therapeutic use.

Key facts about Histocell

  • Founded Year: 2005
  • Location: Derio (Spain)
  • Stage: Series A
  • Total Funding till date: $3.5M
  • Employee Count: 41 as on Jul 31, 2026
  • Investors: EIC Fund, Europa and 2 Others
  • Latest Funding Round: Grant (prize money), Jun 01, 2020, $*****

Cell Innovation Partners' Investments by Stage

Cell Innovation Partners has made 2 investments in Series A stage with an average round size of $2.8M and 2 investments in Series B stage with an average round size of $5.87M.
Here are Cell Innovation Partners' investments by stage:
Stage of entry
No. of Investments
Series A
2
Series B
2
Breakdown of Cell Innovation Partners' investments by stage of entrySeries A (2)Series B (2)
Note: We have considered here, only first round of investments

Cell Innovation Partners' Investments by Sector

Cell Innovation Partners has a diverse portfolio, with companies operating in the Life Sciences, Healthcare and High Tech. Notably, it has invested in 4 Enterprise (B2B) companies, 4 Tech companies and 1 Social impact company.
Here are Cell Innovation Partners' investments by sector:
Sector
No. of Investments
Life Sciences
4
Healthcare
1
High Tech
1
Breakdown of Cell Innovation Partners' investments by sectorsLife Sciences (4)Healthcare (1)
Note: We have considered here, only first round of investments

Cell Innovation Partners' Investments by Geography

Cell Innovation Partners has made most investments in Australia (1), followed by Spain where it has made 1 investment.
Here are Cell Innovation Partners' investments by geography:
Country
No. of Investments
Australia
1
Spain
1
Taiwan
1
United States
1
Breakdown of Cell Innovation Partners' investments by countriesAustralia (1)Spain (1)
Note: We have considered here, only first round of investments

Cell Innovation Partners' recent investments

Cell Innovation Partners has not made any investment in 2026 so far.
Here are the most recent investments by Cell Innovation Partners:
Date
Company
Location
Round Details
Round Amount
Co-Investors
Apr 26, 2019
United States
Series B
9693
-
Sep 18, 2018
Spain
Series A
5761
-
Aug 25, 2017
Taiwan
Series A
4681
-
Jun 21, 2016
Australia
Series B
4477
-

IPOs and Publicly Listed companies in Cell Innovation Partners' Portfolio

1 of Cell Innovation Partners' portfolio company became public -  Steminent Biotherapeutics. It got listed on the Taipei Stock Exchange (TT), in Mar 2024.
Here are Cell Innovation Partners' portfolio companies that went public:
Company
IPO Date
First Invested on
First Round of Investment
Round Size
Mar 11, 2024
Aug 25, 2017
Series A
7826

Acquired companies in Cell Innovation Partners' Portfolio

1 company from Cell Innovation Partners' portfolio has been acquired. The most recent acquisition was Elastagen in Feb 2018 by Allergan for $*****.
Here are Cell Innovation Partners' portfolio companies that got acquired most recently:
Company
Acquisition Date
First Invested on
First Round of Investment
Round Size
Feb 07, 2018
Jun 21, 2016
Series B
1633

Co-investors of Cell Innovation Partners

Over the past 10 years, 20 investors have co-invested in Cell Innovation Partners's portfolio companies. This includes only funds.

  • Invested before Cell Innovation PartnersHEDA Ventures, Lilly Ventures and 18 others have invested in rounds before Cell Innovation Partners. There is 1 company where HEDA Ventures has invested before Cell Innovation Partners and 1 company where Lilly Ventures has invested before Cell Innovation Partners.

FAQs about Cell Innovation Partners

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