X-Chem

Waltham, United States Founded: 2009 • Age: 17 yrs Acquired By Enko Chem
Small molecule drug discovery platform is provided to researchers.
Annual revenue - Latest available
Total funding $8.5M 1 rounds
Employees 51 Tracked headcount
Investors 3 Known backers
Products 4 Services tracked
Competitors 4 Brand Intelligence

About X-Chem

X-Chem is a company based in Waltham (United States) founded in 2009 was acquired by Enko Chem in June 2022. X-Chem has raised $8.5 million across 1 funding round from investors including PPD, Enko Chem and GHO Capital. The company has 51 employees as of December 31, 2022. X-Chem has completed 4 acquisitions, including Avisyn, ComInnex and Glamorous AI. X-Chem offers products and services including DEL Screening, ReadiDEL, ReadiBLOX, and ArtemisAI. X-Chem operates in a competitive market with competitors including STRmix, The Total Body Approach and DeepCodex, among others.

  • Headquarter Waltham, United States
  • Employees 51 as on 31 Dec, 2022
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name X-Chem Inc
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $8.5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $8.5 M (USD), Series A

    Dec 21, 2012

  • Investors
    PPD

    & 2 more

  • Employee Count
    51

    as on Dec 31, 2022

  • Investments & Acquisitions
    Avisyn

    & 3 more

  • Acquired by
    Enko Chem

    & 2 more

    (Jun 15, 2022)

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Products & Services of X-Chem

X-Chem offers a comprehensive portfolio of products and services, including DEL Screening, ReadiDEL, ReadiBLOX, and ArtemisAI.

Product name locked
Category locked
Primary

Service for screening DNA-encoded libraries to identify drug candidates.

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Pre-built DNA-encoded library for rapid drug discovery research.

Product name locked
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Modular building blocks for custom medicinal chemistry applications.

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AI tool for analyzing molecular interactions in drug development.

People of X-Chem

Headcount 50-200
Employee Profiles 69
Employee Profiles
People
Sydney Peacock
Director Of Information Technology
People
Fabien Lindeperg
Research Scientist
People
Temilolu Idowu, PhD
Scientist
People
Taylor Hope
Research Scientist

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Funding Insights of X-Chem

X-Chem has successfully raised a total of $8.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $8.5 million completed in December 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in X-Chem

X-Chem has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include PPD, Enko Chem and GHO Capital.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Specialist healthcare investment advisory services are provided by GHO Capital.
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CRO providing diversified clinical development services
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Develops and supplies agriculture crop inputs
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Investor details for X-Chem

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  • Investor locations
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  • Participation history

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Investments & Acquisitions by X-Chem

X-Chem has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Avisyn, ComInnex and Glamorous AI.

Investments
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Investment portfolio details for X-Chem

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Preclinical studies for biopharma drug discovery are conducted.
Locked Locked 2020 Locked
Scientific sourcing services are offered by Avisyn as a CRO.
Locked Locked 2016 Locked
CRO offers synthetic, computational, analytical and in vitro and in vivo drug discovery services
Locked Locked 2011 Locked
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Complete acquisition details for X-Chem

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Financial Statements - X-Chem

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Detailed financials for X-Chem

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X-Chem Comparisons

X-Chem Primary company
Description
Small molecule drug discovery platform is provided to resear...
Location
Waltham, United States
Founded Year
2009
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
51
As of 2022
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Peer comparison for X-Chem

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Competitors of X-Chem

X-Chem operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as STRmix, The Total Body Approach and DeepCodex, among others.

Company Name Domain Founded year HQ Location Description
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Develops software for forensic DNA profile analysis, interpretation, and evidence processing.
Locked Locked Locked
Music producer creating remixes, new releases, and podcasts for fan engagement.
Locked Locked Locked
Web app for searching gene expression data and genetic manipulations.
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Detailed competitors of X-Chem

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Latest news on X-Chem

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Complete news archive for X-Chem

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about X-Chem

X-Chem was founded in 2009 and raised its 1st funding round 3 years after it was founded.

X-Chem is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.

X-Chem is a funded company, having raised a total of $8.5M across 1 funding round to date.

As of Dec 31, 2022, the latest employee count at X-Chem is 51.

X-Chem was founded in 2009 and is based in Waltham, United States. Operations center on a biotechnology platform for small molecule drug discovery, known as DNA-Encoded X-Chem (DEX). Libraries of small molecules tethered to DNA tags, which track synthetic history, are generated through combinatorial synthesis. These mixtures are screened via affinity binding to targets, with bound compounds detected by DNA sequencing for therapeutic development.

X-Chem's top competitors include STRmix, The Total Body Approach and DeepCodex.

X-Chem offers DEL Screening, ReadiDEL, ReadiBLOX, and ArtemisAI.

X-Chem has made 4 acquisitions, including Avisyn, ComInnex, and Glamorous AI.

X-Chem has 3 investors. Key investors include PPD, Enko Chem, and GHO Capital.

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