How Much Did Xilis Raise?
Funding & Key Investors

Xilis, a biotechnology firm focused on precision oncology, has secured significant enterprise-level funding, with its total capital raised standing at $92M. The company recently announced a major strategic investment of $89M, underscoring its progress in developing advanced cancer treatment guidance platforms and drug discovery tools.

What is Xilis?

Xilis
Business ServicesResearch & Development

Based in Durham, North Carolina, Xilis, Inc. is at the forefront of precision oncology, developing a proprietary MicroOrganoSphere (MOS) technology. This platform generates miniature patient tumors that replicate the full microenvironment and heterogeneity, offering an automated and scalable solution. By leveraging MOS and AI-driven algorithms, Xilis is creating a Xilis Response Score to empower oncologists with informed treatment decisions. The technology also accelerates drug development by enabling high-throughput preclinical modeling and improved clinical patient selection through analysis of authentic tumor microenvironments.

How much funding has Xilis raised?

Xilis has raised a total of $92M across 2 funding rounds:

2019

Angel/Seed

$3M

2022

Series A

$89M

Angel/Seed (2019): $3M with participation from Pear, Felicis Ventures, Liquid 2 Ventures, 8VC, and Guardant Health

Series A (2022): $89M led by Pear Ventures, Catalio Capital Management, FPV Ventures, EQT Life Sciences, Mubadala Capital Management, GV, Life Sciences Partners, and Alexandria Venture Investments

Key Investors in Xilis

Pear

Pear VC is an early-stage investment firm specializing in pre-seed and seed funding, supporting founders with talent recruitment, fundraising, and go-to-market strategies to foster company growth.

Catalio Capital Management

Catalio Capital Management is a New York-based investment firm focused on innovative healthcare, investing across private, public, and credit markets in breakthrough biomedical technology companies.

GV

GV is a venture capital firm that invests across multiple stages and sectors, with a focus on enterprise solutions, life sciences, consumer products, and frontier technology innovations globally.

What's next for Xilis?

The substantial enterprise-level funding and recent strategic investment signal a pivotal growth phase for Xilis. This capital infusion is expected to fuel the further development and commercialization of its precision oncology platform, particularly the Xilis Response Score. The company is well-positioned to enhance its offerings for oncologists and pharmaceutical partners, aiming to significantly improve cancer care outcomes and expedite the drug discovery pipeline. Continued expansion of its technological capabilities and market penetration will be key strategic priorities.

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Frequently Asked Questions Regarding Xilis Financial Insights

What are the most recent funding rounds that Xilis has completed, and what were the funding rounds?
Xilis has recently completed 2 funding rounds: Series A on Jul 13, 2022, Angel/Seed on Dec 19, 2019.
What is the total amount of funding Xilis has raised to date?
Xilis has raised a total of $92M in funding to date.
How many funding rounds has Xilis completed?
Xilis has completed 2 funding rounds.
How much funding did Xilis raise in its most recent funding round?
Xilis raised $89M in its most recent funding round.
Who are the lead investors in Xilis's latest funding round?
The lead investor in Xilis's latest funding round was Pear Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Xilis's history?
The largest funding round in Xilis's history was $89M.
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