Beta Bionics, Inc.
Boston, MA · Founded 2015 · CIK 0001674632 · Medtech · Public
Fully automated closed-loop glycemic control system with continuous glucose sensor and peristaltic pumps for intravenous insulin and dextrose administration
betabionics.com →- Grants
- $3.0M
- 4 awards
- Sector median: 1
- Raised
- $222M
- 4 Form D · Sep 2023
- 36 months since last filing
- Contracts
- $654K
- 1 award · Defense
- #361 of 4531 in medtech
- Patents
- 25
- 3 granted · 22 pending
- Sector median: 2
Capital Timeline
Federal ↑Equity ↓20172018201920202021202220232024
| Date | Event | Source | Amount |
|---|---|---|---|
| Private capital raised | Form D · SEC | $2,452,916 | |
| Federal grant | Department of Health and Human Services · Phase II · Building a commercially scalable bionic pancreas for automated diabetes management | $424,973 | |
| Federal grant | Department of Defense · Phase I · Building an Autonomous Glycemic Control System for Hyperglycemia of Critical Illness | $224,996 | |
| Private capital raised | Form D · SEC | $63,360,000 | |
| Federal grant | Department of Health and Human Services · Phase II · Building a commercially scalable bionic pancreas for automated diabetes management | $1,598,025 | |
| Federal contract· 1 of 2 same day | Department of Defense · New Darpa STTR Phase II Contract Solicitation: DOD 2018.C STTR | $653,523 | |
| Federal grant· 2 of 2 same day | Department of Defense · Phase II · Development of an Autonomous Glycemic Control Mechanism for Patients Suffering Glycemic Abnormalities as a Result of Critical Illnesses | $779,228 | |
| Private capital raised | Form D · SEC | $57,049,776 | |
| Private capital raised | Form D · SEC | $99,499,982 |
Federal grant · SBIR/STTRFederal contract · USAspendingForm D · SEC
Peer position
| # | Company | Contracts | Disclosed equity |
|---|---|---|---|
| 358 | TearScience, Inc. | $681K | $59M |
| 359 | INVIVOSCIENCES, INC. | $679K | — |
| 360 | Sonica LLC | $656K | — |
| 361 | Beta Bionics, Inc. | $654K | $222M |
| 362 | VINDHYA DATA SCIENCE INC. | $653K | — |
| 363 | Potsdam Sensors LLC | $647K | — |
| 364 | X-BIOMEDICAL INC | $646K | $425K |
Ranked on federal contract value rather than capital raised. The equity column is the comparison worth making — companies at the same procurement position often sit at very different points in their funding history.
Founders & Team
- Martha AronsonDirector · Executive Officer
- Amanda BlackDirector
- Beth BrookeDirector
- Marcie CainExecutive Officer
- Sean CarneyDirector
- Parker CassidyDirector
- Gibb ClarkeExecutive Officer
- Gilbert ClarkeExecutive Officer
- Edward DamianoDirector · Executive Officer
- Francesco DraettaDirector
- Westley DuprayDirector
- Stephen FeiderExecutive Officer
- THOMAS FITZGERALDExecutive Officer
- CHRISTIAN FogedDirector
- Gilad GlickDirector
- Jeff HitchcockDirector
- Jeffrey HitchcockDirector
- Deirdre IbsenDirector
- Christy JonesDirector
- Lennox KetnerDirector
- Finny KuruvillaDirector
- Martin LangeDirector
- Agustin MohedasDirector
- Michael PereiraExecutive Officer
- Veena RaoExecutive Officer
- Edward RaskinDirector · Executive Officer
- Serafina RaskinExecutive Officer
- Mike RosinkoExecutive Officer
- Mike RoskinoExecutive Officer
- Sean SaintDirector · Executive Officer
- Adam SteensbergDirector
Patents
- Case For Bionic Pancreas Infusion Pumpsgranted
- Clip For Bionic Pancreas Infusion Pump Casesgranted
- Novel Enhanced Patch Pump Systemsapplication
- Novel Enhanced Patch Pumps And Bihormonal Glucagon Patch Control Systemsapplication
- Enhanced Patch Pump And Combination Control Systems With Alarm Annunciation And Prioritization And Bihormonal Versions With Glucagonapplication
- Algorithms Driving Systems Which Titrate Meal Doses Based On Post-prandial Glucose Excursions Without Target Adaptationsapplication
- Emergency Medicament Dose Controlgranted
- Drive Coupling And Sensing Systems, And Methods For Fluid Delivery Pumpsapplication
- Glucose Level Control System Smart Charging Stationapplication
- Ambulatory Medical Device With Malfunction Alert Prioritizationapplication
- Ambulatory Medicament Device With Motion Detection And Gesture-based Controlapplication
- Medicament Pumps And Control Systems Thereofapplication
Regulatory activity · Medtech
- New Animal Drugs; Approval of New Animal Drug Applications; Withdrawal of Approval of New Animal Drug Application; Change of SponsorFood and Drug Administration
- Medical Devices; General and Plastic Surgery Devices; Classification of the Skin Patch for Treatment of HyperhidrosisFood and Drug Administration
- Medical Devices; Anesthesiology Devices; Classification of the Monitor for Opioid Induced Impairment of OxygenationFood and Drug Administration
- Medical Devices; Orthopedic Devices; Classification of the Medial Knee Implanted Shock AbsorberFood and Drug Administration
- Medical Devices; Neurological Devices; Classification of the External Lower Extremity Nerve Stimulator for Restless Legs SyndromeFood and Drug Administration
- Medical Devices; General Hospital and Personal Use Devices; Classification of the Infant Supine Sleep SystemFood and Drug Administration
Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.