Tech Company Financing Transactions
Xilis Funding Round
On 7/9/2021, Xilis raised $70 million in Series A funding from Mubadala, Alix Ventures and Catalio Capital Management.
Transaction Overview
Company Name
Announced On
7/9/2021
Transaction Type
Venture Equity
Amount
$70,000,000
Round
Series A
Investors
Proceeds Purpose
Proceeds from the Series A funding will further advance Xilis' proprietary MOS technology, expand its AI-driven capabilities, fund clinical studies for diagnostic development, and validate the use of MOS technology with biopharma partners.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
801 Capitola Dr. 12
Durham, NC 27713
USA
Durham, NC 27713
USA
Phone
Undisclosed
Website
Email Address
Overview
Xilis is a Stanford PhD and a PhD from UNC Chapel Hill (both now Duke University professors focused on oncology and precision health) came together for this company out of their acute awareness that when someone is diagnosed with cancer, finding the right treatment frequently takes months and often comes with countless side effects.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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