How Much Did XCellR8 Raise?
Funding & Key Investors

XCellR8 has successfully secured a significant capital injection, bringing its total funding to $140K. This latest round, characterized by a $140K strategic investment, underscores the company's pivotal role in the evolving landscape of ethical biotechnology. By leveraging this influx of financing, the organization is well-positioned to scale its proprietary human-relevant testing methodologies, further cementing its status as a leader in the global transition toward cruelty-free scientific validation.

What is XCellR8?

XCellR8
Business ServicesResearch & DevelopmentHealthcare Services

Based in the United Kingdom, XCellR8 operates as a premier GLP-accredited laboratory dedicated to animal-free safety and efficacy testing. The company distinguishes itself by providing sophisticated, human-relevant data that satisfies stringent international regulatory requirements. Their service portfolio, which spans safety assessments, claims substantiation, and bespoke testing protocols, serves a broad spectrum of clients ranging from agile start-ups to multinational corporations such as Unilever. By eliminating the reliance on animal-derived components, XCellR8 addresses the critical market demand for ethical transparency and regulatory compliance in the cosmetics, personal care, and chemical industries.

How much funding has XCellR8 raised?

XCellR8 has raised a total of $140K across 1 funding round:

2021

Unspecified

$140K

Unspecified (2021): $140K with participation from AstraZeneca and Unilever

Key Investors in XCellR8

AstraZeneca

A global, science-led biopharmaceutical company that focuses on the discovery, development, and commercialization of prescription medicines in oncology and biopharmaceuticals.

Unilever

A multinational consumer goods company that invests in sustainable innovation and ethical supply chain solutions to support its diverse portfolio of global brands.

What's next for XCellR8?

With this late-stage capital, XCellR8 is poised to accelerate its operational capacity and expand its reach within the global testing market. The strategic focus will likely involve enhancing its laboratory infrastructure to accommodate increased demand for vegan-certified and ethically sourced product validation. As regulatory bodies worldwide continue to tighten standards regarding animal testing, XCellR8 is strategically aligned to capture significant market share. The company's trajectory suggests a move toward broader international standardization, potentially influencing global safety protocols and reinforcing its commitment to a 100% animal-free future in scientific research.

See full XCellR8 company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Business Services industry

Business ServicesHuman Resources Management Systems (HRMS)
Business ServicesHuman Resources Management Systems (HRMS)
Advertising NetworksBusiness ServicesCall Centers & Business Centers
Business ServicesResearch & Development

Frequently Asked Questions Regarding XCellR8 Financial Insights

What are the most recent funding rounds that XCellR8 has completed, and what were the funding rounds?
XCellR8 has recently completed 1 funding rounds: Unspecified on Feb 19, 2021.
What is the total amount of funding XCellR8 has raised to date?
XCellR8 has raised a total of $140K in funding to date.
How many funding rounds has XCellR8 completed?
XCellR8 has completed 1 funding rounds.
How much funding did XCellR8 raise in its most recent funding round?
XCellR8 raised $140K in its most recent funding round.
Who are the lead investors in XCellR8's latest funding round?
The lead investor in XCellR8's latest funding round was AstraZeneca. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in XCellR8's history?
The largest funding round in XCellR8's history was $140K.
See more information about XCellR8