13. XtalPi $318.8M
Round: Series C
Description: Cambridge-based XtalPi is a biotech firm that uses artificial intelligence and computing to accelerate the development of new pharmaceutical drugs. Founded by Jian Ma, Lipeng Lai, and Shuhao Wen in 2014, XtalPi has now raised a total of $386.4M in total equity funding and is backed by investors that include Tencent Holdings, ZhenFund, Alphabet, Sequoia Capital China, and SoftBank Vision Fund.
Investors in the round: China Life Healthcare Fund, Morningside Venture Capital, PICC Capital Investment Management, Sequoia Capital China, SIG China (SIG Asia Investments), SoftBank Vision Fund, Tencent Holdings
Funding month: September
Industry: Artificial Intelligence, Biotechnology, Pharmaceutical
Founders: Jian Ma, Lipeng Lai, Shuhao Wen
Founding year: 2014
Total reported equity funding: $386.4M
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