Forever Labs
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$905k | Seed | ||
N/A | Seed | ||
$120k | Seed | ||
N/A | Debt | ||
Total Funding | $1.0m |
Recent News about Forever Labs
EditForever Labs operates in the biotechnology sector, specializing in adult stem cell banking. The company provides a service that allows individuals to store their young adult stem cells for potential future medical use. This service is particularly valuable as stem cells have the unique ability to self-renew and differentiate into multiple tissue types, which can be crucial for treating a variety of diseases and injuries, including heart disease, dementia, and joint damage. The primary clients are health-conscious individuals who are looking to invest in their future health by preserving their younger biology. Forever Labs operates on a direct-to-consumer business model, generating revenue through the initial procedure cost and ongoing storage fees. The market for this service includes individuals who are proactive about their health and are willing to invest in advanced medical technologies for long-term benefits.
Keywords: stem cell banking, biotechnology, health investment, disease management, future therapies, direct-to-consumer, medical storage, regenerative medicine, young adult cells, health-conscious clients.