# Xcell Biosciences funding: rounds and investors

> Xcell Biosciences has raised $14M across 3 rounds since 2014. Investors include Casdin Capital, Viking Global and Illumina. Every round with its source.

Source: https://millionrounds.com/company/xcell-biosciences (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Xcell Biosciences*

3 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Biotech Healthcare

Funding summary Updated 26 Oct 2026

**$14M** raised across 3 rounds since 2014, from 3 sources

**$120K** Seed **$12M** Series A **$1.4M** Venture

- **Latest round:** Venture, $1.4M Dec 2024
- **Biggest round:** $12M Series A · Feb 2017
- **Investors:** 4

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2016 2018 2020 2022 2024

**$120K** Seed

**$12M** Series A

**$1.4M** Venture

- **First round:** Seed, $120K
- **Biggest round:** $12M
- **Usual gap between rounds:** 7.8 years

## The rounds

- **Dec 2024** Venture **$1.4M** *2 new* [Casdin Capital](https://millionrounds.com/fund/casdin-capital) [Viking Global](https://millionrounds.com/fund/viking-global-investors) Source recorded SEC filing: $1.4M sold, first sale Dec 2024
- **Feb 2017** Series A **$12M** *1 new* HBM Genomics Reported by FinSMEs SEC filing: $12M sold, first sale Jan 2017
- **Oct 2014** Seed **$120K** *1 new* [Illumina](https://millionrounds.com/fund/illumina) From a historical funding record

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2014 **Series A** 2017 **Venture** 2024 [Casdin Capital](https://millionrounds.com/fund/casdin-capital) [Viking Global](https://millionrounds.com/fund/viking-global-investors) [Illumina](https://millionrounds.com/fund/illumina) HBM Genomics

## Everyone who backed them

[Casdin Capital](https://millionrounds.com/fund/casdin-capital) VC firm **1** round

[Viking Global](https://millionrounds.com/fund/viking-global-investors) VC firm **1** round

[Illumina](https://millionrounds.com/fund/illumina) Company **1** round

HBM Genomics no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=xcell-biosciences).

## Also claim to have backed them

These 3 firms list Xcell Biosciences as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Dynamk Capital](https://millionrounds.com/fund/dynamk-capital) VC firm Per its own site

[Rona Holdings](https://millionrounds.com/fund/rona-holdings) Private equity Per its own site

[Avego Management](https://millionrounds.com/fund/avego) VC firm Per its own site

## Quick answers about Xcell Biosciences

### Who invested in Xcell Biosciences?

Xcell Biosciences's investors include Casdin Capital, Viking Global, Illumina and HBM Genomics.

### How much has Xcell Biosciences raised?

Xcell Biosciences has raised $14M across 3 rounds since 2014.

### When did Xcell Biosciences last raise?

Xcell Biosciences's most recent round was a Venture of $1.4M in Dec 2024.

### What was Xcell Biosciences's biggest round?

Xcell Biosciences's largest round on record is $12M (Series A), in Feb 2017.

### Who backed Xcell Biosciences first?

Xcell Biosciences's first round on record, in Oct 2014, was backed by Illumina.

### What stage is Xcell Biosciences at?

Xcell Biosciences's latest named round is a Venture, in Dec 2024.

### Where is Xcell Biosciences based?

Xcell Biosciences is based in the United States.

## Companies like Xcell Biosciences

In the same sector, and raised in the last eighteen months.

[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio)

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