Pandorum is backed by the Indian Angel Network, Flipkart cofounder Binny Bansal, Hero Group promoter Sunil Munjal and the Biotechnology Industry Research Assistance Council. The company raised $3.2 million in a Series A funding round in 2018. It racked up a further $5.5 million from BTB Venture, Capital Trust, KITVEN, and Kotak Investment Advisors. The company is initially planning to provide human tissue samples to researchers to test the efficacy of drugs on a particular tissue. As its technology improves, Pandorum wants to develop artificial livers for use in next-generation dialysis machines.
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