How Much Did XCellR8 Raise?
Funding & Key Investors

XCellR8, a prominent UK-based animal-free testing laboratory, has secured $140K in a major strategic investment, contributing to its total funding of $140K. This latest capital infusion underscores the company's significant progress in advancing human-relevant safety testing methodologies.

What is XCellR8?

XCellR8
Business ServicesResearch & DevelopmentHealthcare Services

XCellR8 stands as the UK's foremost animal-free testing laboratory, distinguished by its innovative approach to safety testing that eschews animal or animal product utilization. With nearly two decades of operational experience, the company offers GLP-accredited testing methods, widely accepted by global regulatory bodies. XCellR8 serves a broad spectrum of clients, from emerging startups to established industry leaders such as Lush and Unilever, providing essential services including safety and claims testing, alongside custom testing solutions. Their core mission is to accelerate the global shift towards 100% animal-free testing protocols, thereby ensuring the delivery of reliable scientific data and supporting vegan product claims.

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 Unilever and AstraZeneca

Key Investors in XCellR8

Unilever

Unilever is a multinational consumer goods company with a broad portfolio, likely investing in XCellR8 to support its sustainability initiatives and ethical product development, particularly in the beauty and personal care sectors.

AstraZeneca

AstraZeneca is a global biopharmaceutical company focused on prescription medicines. Their investment may indicate an interest in novel non-animal testing methodologies for drug safety and efficacy assessment, aligning with broader industry trends towards alternative testing strategies.

What's next for XCellR8?

The recent strategic investment signifies a pivotal moment for XCellR8, positioning the company for accelerated growth and expanded market penetration. This backing is expected to fuel further development of their proprietary testing technologies and enhance their capacity to meet the escalating global demand for ethical and regulatory-compliant product assessment. XCellR8's commitment to innovation and its established reputation for delivering high-quality, animal-free data are key drivers for its continued success in the evolving landscape of product safety and regulatory science.

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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 Unilever. 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.
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