About Xelect
Xelect is a company based in United Kingdom founded in 2013 by Tom Ashton and Ian Alistair Johnston.. Xelect has raised $240.84 thousand across 3 funding rounds from investors including European Union and EOS Technology Investment Syndicate. Xelect offers products and services including Breeding Programme Management, Genetics Laboratory Services, and Due Diligence Services. Xelect operates in a competitive market with competitors including Hendrix Genetics, AnimalBiome, Basepaws, Embark Veterinary and AquaBounty, among others.
- Headquarter United Kingdom
- Founders Tom Ashton, Ian Alistair Johnston
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Sectors
HealthcareAgriculture
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Xelect Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$240.84 K (USD)
in 3 rounds
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Latest Funding Round
$97.17 K (USD), Grant
May 01, 2019
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Products & Services of Xelect
Xelect offers a comprehensive portfolio of products and services, including Breeding Programme Management, Genetics Laboratory Services, and Due Diligence Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Manages selective breeding for improved aquaculture species growth.
Provides genetic testing and analysis for aquaculture applications.
Offers technical analysis for aquaculture sector risks and opportunities.
Funding Insights of Xelect
Xelect has successfully raised a total of $240.84K across 3 strategic funding rounds. The most recent funding activity was a Grant round of $97.17 thousand completed in May 2019. 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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $97,170
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2019 | Amount | Grant - Xelect | Valuation |
investors |
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| Mar, 2016 | Amount | Seed - Xelect | Valuation |
investors |
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| May, 2013 | Amount | Grant - Xelect | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Xelect
Xelect has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and EOS Technology Investment Syndicate. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Xelect
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Xelect
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Xelect Comparisons
Competitors of Xelect
Xelect 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 Hendrix Genetics, AnimalBiome, Basepaws, Embark Veterinary and AquaBounty, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Hybrid animal varieties are developed through marker-assisted breeding methods.
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| domain | founded_year | HQ Location |
Animal microbiome diagnostics services for pet care are offered.
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| domain | founded_year | HQ Location |
Provider of genetic testing for cats
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| domain | founded_year | HQ Location |
Proivder of DNA test kits for dogs that enable dog owners to provide better pet care
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| domain | founded_year | HQ Location |
Hybrid salmon, trout, and tilapia are produced in aquaculture operations.
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| domain | founded_year | HQ Location |
Genetic breeding services for aquaculture species are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Xelect
Frequently Asked Questions about Xelect
When was Xelect founded?
Xelect was founded in 2013.
Where is Xelect located?
Xelect is headquartered in United Kingdom.
Who is the current CEO of Xelect?
Ian Alistair Johnston is the current CEO of Xelect. They have also founded this company.
Is Xelect a funded company?
Xelect is a funded company, having raised a total of $240.84K across 3 funding rounds to date.
What does Xelect do?
Xelect was established in 2013 in the United Kingdom as a company focused on the aquaculture sector. Genetic technologies are applied to breed enhanced seafood strains, supporting sustainable production. Operations involve selective breeding programs and research into traits like disease resistance and growth rates. The company is led by co-founders Tom Ashton and Ian Alistair Johnston, the latter serving as CEO. Services are targeted at seafood producers seeking improved genetics.
Who are the top competitors of Xelect?
Xelect's top competitors include Embark Veterinary, AquaBounty and Benchmark Genetics.
What products or services does Xelect offer?
Xelect offers Breeding Programme Management, Genetics Laboratory Services, and Due Diligence Services.
Who are Xelect's investors?
Xelect has 2 investors. Key investors include European Union, and EOS Technology Investment Syndicate.