XtalPi

Cambridge, United States Founded: 2014 • Age: 12 yrs
AI-driven crystal structure prediction for pharmaceutical development is offered.
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About XtalPi

XtalPi is a company based in Cambridge (United States) founded in 2014.. XtalPi has raised $783.5 million across 7 funding rounds from investors including Google, Tencent and Mirae Asset. The company has 809 employees as of December 31, 2024. XtalPi has completed 1 acquisition, including Liverpool ChiroChem. XtalPi operates in a competitive market with competitors including Formation Bio, Owkin, BigHat, Benchsci and Predictive Oncology, among others.

  • Headquarter Cambridge, United States
  • Employees 809 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Healthcare
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Xtalpi Holdings Limited
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
    $37.19 M (USD)
    49.88
    as on Dec 31, 2024
  • Net Profit
    $-211.16 M (USD)
    22.27
    as on Dec 31, 2024
  • EBITDA
    $-90.11 M (USD)
    5.39
    as on Dec 31, 2024
  • Total Equity Funding
    $783.5 M (USD)

    in 7 rounds

  • Latest Funding Round
    $268 M (USD), Post-IPO

    Sep 17, 2025

  • Investors
    Google

    & 20 more

  • Employee Count
    809

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of XtalPi

XtalPi is a publicly listed company on the HKEX with ticker symbol 2228 in Hong Kong, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: HKEX · Ticker: 2228 . Sector: Health technology · Hong Kong
People of XtalPi
Headcount 50-200
Employee Profiles 34
Employee Profiles
People
Johann Fangjyun Shih
演算法工程師
People
Phoebe Zeng
Head Of Talent Recruitment & HRBP
People
Jing Zhou
Research Scientist
People
Ma Jian
Co-Founder & CEO

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Funding Insights of XtalPi

XtalPi has successfully raised a total of $783.5M across 7 strategic funding rounds. The most recent funding activity was a Post-IPO round of $268 million completed in September 2025. 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 Rounds 7
  • Last Round Post-IPO — $268.0M
  • First Round

    (01 Jun 2015)

  • Investors Count 21
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2025 Amount Post-IPO - XtalPi Valuation

investors

Feb, 2025 Amount Post-IPO - XtalPi Valuation

investors

Aug, 2021 Amount Series D - XtalPi Valuation Orbimed
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in XtalPi

XtalPi has secured backing from 21 investors, including venture fund and institutional investors. Prominent investors backing the company include Google, Tencent and Mirae Asset. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments are made by OrbiMed in global healthcare innovations across biopharmaceuticals and related fields.
Founded Year Domain Location
A venture capital firm focused on technology and innovation investments.
Founded Year Domain Location
Venture capital and private equity investments are made across technologies.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by XtalPi

XtalPi has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Liverpool ChiroChem. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Small organic molecules are supplied for biotech and pharmaceutical R&D.
2014
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - XtalPi

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Xtalpi Comparisons

Employees
+
Add Comparison
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Competitors of XtalPi

XtalPi 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 Formation Bio, Owkin, BigHat, Benchsci and Predictive Oncology, 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
AI-powered drug discovery platform for various diseases
domain founded_year HQ Location
An agentic AI platform is developed for biomedical research insights.
domain founded_year HQ Location
Antibody therapies are developed through machine learning and synthetic biology.
domain founded_year HQ Location
AI platform used for extracting antibody data from scientific papers.
domain founded_year HQ Location
AI-based platform for cancer diagnostics and precision medicine is utilized.
domain founded_year HQ Location
AI-driven drug discovery platform for the treatment of cancer
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Xtalpi

Frequently Asked Questions about XtalPi

When was XtalPi founded?

XtalPi was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is XtalPi located?

XtalPi is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.

Is XtalPi a funded company?

XtalPi is a funded company, having raised a total of $783.5M across 7 funding rounds to date. The company's 1st funding round was a Series D of $400M, raised on Jun 01, 2015.

How many employees does XtalPi have?

As of Dec 31, 2024, the latest employee count at XtalPi is 809.

What is the annual revenue of XtalPi?

Annual revenue of XtalPi is $37.19M as on Dec 31, 2024.

What does XtalPi do?

XtalPi has developed a proprietary technology FACES(Fast Accurate Crystalline Engineering System), which is a cloud-based computing system to predict the crystal structure which will identify polymorphs of the compound. The companys algorithms are integrated with the Amazon Web Service (AWS) high-performance computing (HPC) resources in the cloud. The team claims to have a strong background in quantum physics and machine learning. It provides services to pharmaceutical companies at various stages of drug development. The company has deployed its technology to develop an Intelligent Digital Drug Discovery and Development (ID4) platform to improve the efficiency, accuracy, and success rate of drug discovery.

Who are the top competitors of XtalPi?

XtalPi's top competitors include Owkin, Formation Bio and Benchsci.

Is XtalPi publicly traded?

Yes, XtalPi is publicly traded on HKEX under the ticker symbol 2228.

How many acquisitions has XtalPi made?

XtalPi has made 1 acquisition, including Liverpool ChiroChem.

Who are XtalPi's investors?

XtalPi has 21 investors. Key investors include Google, Tencent, Mirae Asset, CICC, and Orbimed.

What is XtalPi's ticker symbol?

The ticker symbol of XtalPi is 2228 on HKEX.

What is XtalPi's valuation?

The valuation of XtalPi is $2.01B as of Aug 2021.

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