Xilis Raises $70 Million Series A Financing To Advance Diagnostic And Drug Discovery And Development Platform Leveraging Proprietary Microorganosphere™ Technology
Amount Raised
$70 Million
Round Type
Series A
DurhamBiotechnologyHealthcareDescription
Xilis, Inc., a pioneering company using its MicroOrganoSphere (MOS) technology to guide precision therapy for cancer patients and accelerate drug discovery and development, today announced the close of a $70 million Series A financing. The round was led by Mubadala Capital, joined by new investors including GV (formerly Google Ventures), LSP (one of Europe’s largest healthcare investment firms), Catalio Capital Management, and Duke Angel Network. Current investors Felicis Ventures, Two Sigma Ventures, Pear VC, KdT Ventures, and Alix Ventures also participated.
Quick answer
Xilis raised $70 Million in a Series A round, dated July 8, 2021. Xilis is based in Durham, North Carolina, United States.
- How much did Xilis raise?
- Xilis raised $70 Million in a Series A round on July 8, 2021.
- What does Xilis do?
- Based in Durham, North Carolina, Xilis, Inc. is a biotechnology company developing a precision oncology platform that guides treatment decisions for oncologists to improve cancer care outcomes for patients and supports..
- Where is Xilis based and how big is it?
- Xilis is based in Durham, North Carolina, United States. Fundz records about 76 employees.
Source: Fundz verified event record.
Who else raised in Healthcare and Biotechnology around the same time
Companies in the same sectors as Xilis that raised within 45 days of this round, from Fundz verified event records.
- Vigil Neuroscience raised $90M (Series B) on August 18, 2021.
- Sydnexis raised $46M on August 18, 2021.
- ADARx Pharmaceuticals, Inc. raised $75M on August 17, 2021.
- Vaporox, Inc. raised $4.2M (Seed) on August 16, 2021.
- Cx Precision Medicine, Inc. raised $934K (Seed) on August 16, 2021.
- Avstera Therapeutics raised $100K (Pre-Seed) on August 12, 2021.
Who to call at Xilis, and when
A new round usually means Xilis is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Xilis raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Xilis, from your own LinkedIn network
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Funding Insights
What this usually meansXilis raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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