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Xias Bio
Develops modular, multifunctional proteins to replace animal‑derived ingredients through its LiteProtein™ platform
About Xias Bio
Xias Bio Limited, founded in Glasgow, Scotland, in 2020, designs and engineers multifunctional recombinant proteins to replace animal-derived proteins across various industries. The founders, Dr. David Harvey (CEO), Dr. Faadil Fawzy (CSO), and Alister Minty (Chair), combined their more than 20 years of experience in protein design to address the ethical and environmental issues associated with traditional protein sources. The company was incorporated on March 11, 2020.
The company operates on a licensing business model, which allows it to remain capital-efficient. Xias Bio develops bespoke proteins and then licenses the rights to manufacture and use these proteins to its customers, which simplifies formulations and reduces costs for them. The primary market is the cosmetics and personal care industry, where there is high demand for sustainable alternatives to ingredients like collagen, keratin, and elastin. However, the company is also targeting expansion into life sciences, agricultural technology, and cell culture.
The core of Xias Bio's technology is its LiteProtein™ platform, which creates specialized, chimeric proteins by integrating multiple functional motifs into a single molecule. This allows a single Xias Bio protein to perform the functions of several traditional ingredients. The platform has a library of over 2.6 million proteins, all producible through a standard fermentation process. Specific products include ElastiLite™, for cosmetics, and CollaLite™, a collagen-based protein. The company participated in the SOSV IndieBio program in New York, which helped accelerate its growth. It has secured funding from investors including IndieBio, SOSV, and Happiness Capital.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2020
- Headquarters
- Glasgow, United Kingdom
- Employees
- 11
- Open positions
- None listed
- Dealroom signal
- 72.6/100
- Industry
- Health
- Sub-industry
- BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, Dermatology, Alternative Protein, Biotech and Pharma, Enabler of Alternative Proteins, DT and LS, rio engineering biology, uk is8 life sciences, science-based
- Technology
- Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SEED✓Equity / VC | May 2024 | $4.9M | $20M | SOSV · BoxOne Ventures · Good Startup · Indie Bio | ↗ |
| SEED✓Equity / VC | Dec 2023 | $0 | — | SOSV · Indie Bio | ↗ |
Growth signals
Latest recorded traffic for Xias Bio is 250 monthly website visits, down 53.7% over the last three months. Xias Bio's team grew 10% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed6 investors entered at this stage
SOSV
Indie Bio
Happiness Capital
BoxOne Ventures
Good Startup
CPT Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Xias Bio on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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