Tech Company Financing Transactions
XtalPi Funding Round
XtalPi closed a $319 million Series C financing round on 9/30/2020. Investors included SoftBank Vision Fund, China Life Insurance and Morningside Group.
Transaction Overview
Company Name
Announced On
9/30/2020
Transaction Type
Venture Equity
Amount
$319,000,000
Round
Series C
Investors
Proceeds Purpose
XtalPi plans to use the money as you might expect: To scale its existing operations with improved algorithms, more data, and additional computing power.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
245 Main St. 11th Floor
Cambridge, MA 02142
USA
Cambridge, MA 02142
USA
Phone
Undisclosed
Website
Email Address
Overview
XtalPi is a pharmaceutical technology company that is reinventing the industry's approach to drug research and development with its Intelligent Digital Drug Discovery and Development (ID4) platform.
Management Team
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