Xcell Biosciences

Discovery Tools (Healthcare) · San Francisco, CA · Founded 2012 · Privately Held (backing)

Developer of a bench-top primary cell control system designed to advance immunotherapy research and manufacturing, empowering scientists with better tools for cell maintenance, expansion, and control. Xcell Biosciences is based in San Francisco, CA and was founded in 2012. Its last reported valuation was $65.5 million in Sep 2021. It has raised $60.4 million across 3 recorded rounds; the latest was a $27.5 million later-stage round in Dec 2024.

Last reported valuation
$65.5M
Oct 2026
Priced at
—
Total raised
$60.4M
Last round
Later Stage VC
Dec 2024

Xcell Biosciences key facts

as of Oct 2026
  • Developer of a bench-top primary cell control system designed to advance immunotherapy research and manufacturing, empowering scientists with better tools for cell maintenance, expansion, and control.
  • Xcell Biosciences is valued at approximately $65.5M as of Oct 2026 (last reported valuation).
  • It has raised $60.4M across 3 recorded rounds; the latest was Later Stage VC ($27.5M) in Dec 2024.
  • Notable investors include Lightspeed Venture Partners, Viking Global Investors, DST Global, Berkeley SkyDeck, Alexandria Venture Investments — 21 tracked in total.
  • Xcell Biosciences has filed 3 Form Ds with the SEC since 2017, most recently Dec 2024 ($1.4M sold to 5 investors).
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$65.5M

Xcell Biosciences's last reported valuation, Sep 2021. Nothing priced has surfaced since.

set by last reported valuationas of Oct 2026question about this number?
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Xcell Biosciences funding rounds

3 rounds
Dec 2024Later Stage VC$27.5M▮
Aug 2021Early Stage VC$15.5MSEC filing▮
Jan 2017Early Stage VC$11.5MSEC filing▮

Xcell Biosciences valuation

Xcell Biosciences's last reported valuation was $65.5 million in Sep 2021. No priced round, secondary trade or fund mark has surfaced since.

How much has Xcell Biosciences raised?

Xcell Biosciences has raised $60.4 million across 3 recorded rounds since 2017. The largest was a $27.5 million later-stage round in Dec 2024.

Xcell Biosciences has filed 3 Form Ds with the SEC since 2017, most recently in Dec 2024 ($1.4 million sold to 5 investors).

Xcell Biosciences investors

21 investors are on record for Xcell Biosciences, including Lightspeed Venture Partners, Viking Global Investors, DST Global and Berkeley SkyDeck. By type, the record holds 5 venture capital firms and 1 hedge fund. The later-stage round in Dec 2024 drew 12 investors.

Comparable companies

Comparable discovery tools (healthcare) names by valuation on PrivateMarketView: Nature's Toolbox ($71 million), Vitrivax ($69.4 million) and Algen ($24 million).

About Xcell Biosciences

Developer of a bench-top primary cell control system designed to advance immunotherapy research and manufacturing, empowering scientists with better tools for cell maintenance, expansion, and control. The company's technology supports a range of primary cell types, including immune, stem, and tumor cells, enabling clients with predictive therapy development and improved clinical outcomes.

Industry
Discovery Tools (Healthcare)
Sector
Healthcare
HQ
San Francisco, CA, United States
Founded
2012
Employees
29
Ownership
Privately Held (backing)

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