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Seraxis Holdings, Inc.

BiotechnologyBiotechnologyCell TherapyDiabetes
πŸ“ Germantown, MD, United Statesβ€’ Founded 2013β€’ 11-50 employees
StreetZero Signal 76
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About Seraxis Holdings, Inc.

Seraxis, Inc. is a biotechnology company founded in 2013 and based in Germantown, Maryland. It develops cell-based therapies for diabetes, with its lead program SR-02 focused on pancreatic islet replacement therapy using novel pancreas-derived stem cells for patients with insulin-requiring diabetes. The company has completed preclinical studies of pancreatic organoids and expanded its leadership team. It has entered a merger agreement with Sernova Corp. to form BetaNova Biotherapeutics.

LATEST FUNDINGPrivate Placement
$10.0M
Announced 2026-09-24
TOTAL RAISED$50M
πŸ”’

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Key highlights

  • Raised total funding of $50M over five rounds with latest Series C in 2023.
  • Developing SR-02 islet replacement therapy from pancreas-derived stem cells.
  • Entered merger with Sernova to form BetaNova Biotherapeutics focused on cell replacement for diabetes.
  • Secured $10M convertible note financing from existing shareholders to advance toward 2027 clinical trials.
  • Completed preclinical studies and expanded leadership with a Chief Corporate Development Officer.

Source document & SEC filing

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