XtalPi

Cambridge, United States Founded: 2014 • Age: 12 yrs
AI-driven crystal structure prediction for pharmaceutical development is offered.
Annual revenue $37.2M Latest available
Total funding $783.5M 7 rounds
Employees 809 Tracked headcount
Investors 21 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

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
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Xtalpi Holdings Limited
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments are made by OrbiMed in global healthcare innovations across biopharmaceuticals and related fields.
Locked Locked Locked
A venture capital firm focused on technology and innovation investments.
Locked Locked Locked
Venture capital and private equity investments are made across technologies.
Locked Locked Locked
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Investor details for XtalPi

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Investments & Acquisitions by XtalPi

XtalPi has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Liverpool ChiroChem.

Investments
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Investment portfolio details for XtalPi

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Small organic molecules are supplied for biotech and pharmaceutical R&D.
Locked Locked 2014 Locked
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Complete acquisition details for XtalPi

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Financial Statements - XtalPi

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Detailed financials for XtalPi

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Xtalpi Comparisons

XtalPi Primary company
Description
AI-driven crystal structure prediction for pharmaceutical de...
Location
Cambridge, United States
Founded Year
2014
Annual Revenue
$37.19 M (USD)
Net Profit
-$211.16 M (USD)
EBITDA
-$90.11 M (USD)
Employees
809
As of 2024
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Peer comparison for XtalPi

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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
AI-powered drug discovery platform for various diseases
Locked Locked Locked
An agentic AI platform is developed for biomedical research insights.
Locked Locked Locked
Antibody therapies are developed through machine learning and synthetic biology.
Locked Locked Locked
AI platform used for extracting antibody data from scientific papers.
Locked Locked Locked
AI-based platform for cancer diagnostics and precision medicine is utilized.
Locked Locked Locked
AI-driven drug discovery platform for the treatment of cancer
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Detailed competitors of XtalPi

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Latest news on Xtalpi

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Complete news archive for XtalPi

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Frequently Asked Questions about XtalPi

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

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

XtalPi is a funded company, having raised a total of $783.5M across 7 funding rounds to date.

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

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

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.

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

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

XtalPi has made 1 acquisition, including Liverpool ChiroChem.

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

The ticker symbol of XtalPi is 2228 on HKEX.

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

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