Loading...
Loading...
Browse all stories on DeepNewz
VisitXaira, Led by CEO Marc Tessier-Lavigne, Raises $1B for RFdiffusion Tech
Apr 25, 2024, 12:25 AM
Xaira, a new biotechnology company, has successfully raised over $1 billion in committed capital, marking one of the largest funding rounds in biotech history. The company, led by CEO Marc Tessier-Lavigne, is set to focus on next-generation technology in biopharma, leveraging AI and RFdiffusion from David Baker's lab. The funding round saw participation from major venture capital firms including Arch, Foresite, F-Prime, NEA, Sequoia, Lux, Lightspeed, and Two Sigma. This significant financial backing underscores the growing interest and investment in tech-driven biopharma solutions.
View original story
Markets
No • 50%
Yes • 50%
Official FDA announcements and press releases
No • 50%
Yes • 50%
Company press releases and major business news outlets
Yes • 50%
No • 50%
SEC filings, press releases from Xaira, or major financial news outlets
No • 50%
Yes • 50%
Company financial disclosures and news outlets
Yes • 50%
No • 50%
FDA official announcements or reliable healthcare news sources
Yes • 50%
No • 50%
Press releases from Xaira and potential partners
Yes • 50%
No • 50%
SEC filings and major financial news outlets
Yes • 50%
No • 50%
Press releases from Xaira or coverage in biotechnology industry publications
No • 50%
Yes • 50%
US Patent and Trademark Office records
No • 50%
Yes • 50%
Company announcements or major biotech industry publications.
No • 50%
Yes • 50%
Company press releases or major pharmaceutical industry reporting.
No • 50%
Yes • 50%
SEC filings, company press releases, or major financial news outlets.
Infectious Diseases • 25%
Oncology • 25%
Neurodegenerative Diseases • 25%
Cardiovascular Diseases • 25%
Company announcements or major biotech industry publications.
F-Prime • 13%
Arch • 13%
Sequoia • 13%
NEA • 13%
Foresite • 13%
Two Sigma • 13%
Lightspeed • 13%
Lux • 13%
SEC filings, company press releases, or major financial news outlets.
Breakthrough in a different field • 34%
Breakthrough in biopharmaceuticals • 33%
No breakthrough • 33%
Scientific journals, company press releases, and major science news outlets
Above $20 billion • 25%
Between $10 billion and $20 billion • 25%
Between $5 billion and $10 billion • 25%
Below $5 billion • 25%
Stock market data and financial news analysis
More than 5 partnerships • 25%
0 partnerships • 25%
3-5 partnerships • 25%
1-2 partnerships • 25%
Press releases from Xaira or major pharmaceutical companies, business news outlets
4-5 new candidates • 25%
More than 5 new candidates • 25%
0-1 new candidates • 25%
2-3 new candidates • 25%
Company R&D updates, press releases, and healthcare publications
Inconclusive results • 25%
Highly successful • 25%
Failed • 25%
Partially successful • 25%
Clinical trial results published on clinicaltrials.gov or similar platforms
Inconclusive results • 34%
Breakthrough findings • 33%
Incremental findings • 33%
Scientific publications or major scientific journals
F-Prime • 14%
Arch • 14%
Foresite • 14%
NEA • 14%
Sequoia • 14%
Lux • 14%
Lightspeed • 14%
Two Sigma • 2%
Press releases from Xaira, SEC filings, or financial news coverage
Remains CEO • 50%
Steps down • 50%
Company press releases or major business news outlets.
Leader in biotech market • 25%
Struggles to scale • 25%
Top 5 in biotech market • 25%
Moderately successful • 25%
Market analysis reports and company financial statements
None • 20%
AI-driven diagnostic tool • 20%
New drug delivery system • 20%
Genetic editing technology • 20%
Advanced biopharmaceutical therapy • 20%
Xaira press releases and technology disclosures