From Lab to Market Spotlight: Aspect Biosystems

From Lab to Market Spotlight: Aspect Biosystems

June 4, 2025

Aspect Biosystems

UBC Faculty of Applied Science 
 

Aspect Biosystems is a UBC spin-off company that transformed a bold idea into an anchor company, here in British Columbia that is pioneering the advancement of 3D printing human tissue. Their deep tech platform combines microfluidics, AI-powered bioprinting, computational design, therapeutic cells, and advanced biomaterials to build functional, living tissues. These allogeneic tissue therapeutics are designed to replace, repair, or supplement biological functions, transforming disease treatment and improving health outcomes. With help from Innovation UBC, including technology licensing and patenting, along with venture building guidance and mentorship, the team refined their business model, validated product-market fit, and formalized their founding team, accelerating their path from academic research to viable venture. Aspect Biosystems’ technology supports medical research, therapeutic discovery, and regenerative medicine, saving lives and reshaping the future of healthcare. 

“Before Innovation UBC, we had three ambitious people, powerful technology, and a big idea. Thanks to Innovation UBC, we added our fourth co-founder, became a group of business founders instead of just a group of scientists and engineers, and were prepared to launch our company.”

- Tamer Mohamed, Co-Founder and CEO of Aspect Biosystems

Founders

Tamer Mohamed - CEO & Co-Founder

Simon Beyer - Co-Founder & Chief Technology Officer

Dr. Konrad Walus - Co-Founder

Sam Wadsworth - Co-Founder & Chief Scientific Officer

Timeline

2025  Raised $115M USD Series B venture financing​ to advance functional cures and strengthen 
                 Aspect’s tissue therapeutic platform (Learn more)

2024  $200M partnership with Government of Canada and BC​ to accelerate truly disease-
                 modifying treatments and functional cures for serious metabolic and endocrine diseases 
                 (Learn more)

2023  $2.675B Novo Nordisk partnership to develop bioprinted tissue therapeutics for diabetes 
                 and obesity (largest-ever material partnership for a BC biotech company)​ (Learn more)

           $3.7M from PacifiCan​ to broaden the application of its bioprinting technology for 
                 therapeutic development, expand global partnerships, and scale manufacturing systems 
                 (Learn more)

2020  Raised $20M USD Series A venture financing to advance its leading platform for 3D 
                  bioprinting of human tissue (Learn more)

2019  $2.2M collaboration project (immuno-oncology R&D)

           $148K government grant (Innovate BC ignitie program) focused on developing machine-
                 learning based technology to improve 3D printing quality (Learn more)

2018  $1M investment from Genome BC industry innovation grant for commercialization 
                 initiatives and the platform technology development (Learn more)

                $2.7M government funding (Western Innovation Initiative) to advance the therapeutic 
                 potential of bioprinting technology (Learn more)

2014  UBC license completed

 

Aspect Biosystems has raised over $290 million to date, and has returned $3.8+ million in sponsored research with UBC, and now employs a team of over 100 people.

 


  • Entrepreneurship & Venture Building

 
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