NewCelX

Cell Therapies for Neurodegenerative and Metabolic Diseases

Health Tech & Life Sciences
Acquired by NLS Pharmaceutics
Mature Ness Ziona, Israel Founded 2008
Last updated 2026-06-18
Total raised
$45.4M
Last: Grant 2025-07
Stage
Mature
Founded
2008
Headcount
29
HQ
Ness Ziona, Israel
Sector
Health Tech & Life Sciences

About

NewCelX is a biotechnology company developing transformative cell-based and small-molecule therapies for neurodegenerative and metabolic diseases. The company’s integrated platform combines advanced stem-cell technologies and neuroscience expertise to deliver scalable, regenerative treatments targeting conditions such as Amyotrophic Lateral Sclerosis (ALS) and Type 1 Diabetes.

Funding history · 7 rounds · $45.4M total

Q&A

What is NewCelX's primary focus?
NewCelX is a biotechnology company dedicated to developing cell-based and small-molecule therapies for neurodegenerative and metabolic diseases, including Amyotrophic Lateral Sclerosis (ALS) and Type 1 Diabetes.
When was NewCelX acquired and by whom?
NewCelX was acquired by NLS Pharmaceutics in October 2025.
Has NewCelX received any recent grants?
Yes, in July 2025, NewCelX received an $882,000 grant from the BIRD Foundation.
What was a significant funding event for NewCelX in 2021?
In April 2021, NewCelX raised $6.8 million in a funding round led by Alpha Capital. Later, in October 2021, they raised another $5 million with Clover Wolf Capital as a lead investor.
What is the employee count for NewCelX?
NewCelX has an employee count in the 11-50 range.
What was NewCelX's most recent public offering?
NewCelX had a public offering in October 2025 on NASDAQ under the stock symbol NCEL.
What was a key strategic collaboration announced by NewCelX in October 2025?
In October 2025, NewCelX announced a strategic collaboration with TargetGene to advance next-generation gene-edited cell therapies.
What recent development has NewCelX made regarding its Type 1 Diabetes treatment?
In May 2026, NewCelX Ltd. submitted a Pre-IND Package to the FDA for NCEL-101 for the treatment of Type 1 Diabetes.
What is the status of NewCelX's intellectual property regarding its diabetes treatment?
In February 2024, NewCelX (formerly Kadimastem) received a patent for its cell selection and enrichment technology used to develop its IsletRx treatment for diabetes in India.

Team · 1

Michel Revel
Founder · Co-Founder, VP R&D
LinkedIn ↗

Sectors & technology

Primary sector
Health Tech & Life Sciences
Sub-sectors
Health Tech & Life SciencesPharma & Medical BiotechnologyDrugs Discovery & Development
Technologies
BiologicalsCells
Target customers
Healthcare & Life SciencesLife SciencesPharmaceuticals
Business model
B2B

Highlights

1 Patents

Tags

pharma-companiesstem-cellsdiabetesdegenerative-diseasesbioprocessneurologycell-therapyregenerative-medicinebiological-therapyamyotrophic-lateral-sclerosis-als
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)

External links

Websitenewcelx.com/
LinkedInlinkedin.com/company/1515403
Facebookfacebook.com/pg/Kadimastem
YouTubeyoutube.com/channel/UCou93PD-i8aPBZCXZiQ4G7Q

Identifiers & details

Legal nameNewCelX Ltd.
Former namesKadimastem
Founded2008-10
Employees (exact)29
OfficesKloten
Market cap$8.7M
Status reasonPublic on NASDAQ on Oct, 2025;

Acquisitions & public offerings

Acquired by NLS Pharmaceutics 2025-10

TypeDateExchangeTickerAmount
Jun 2013$20.4M
Jan 2023$2.2M
Oct 2025

Radar intelligence

Web history (Wayback)

Domainnewcelx.com

Certificate / subdomain footprint

Subdomains3