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Xias Bio

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Develops modular, multifunctional proteins to replace animal‑derived ingredients through its LiteProtein™ platform

Glasgow, United KingdomFounded 2020Biotech & Life Sciences
Valuation $25–50M Last recorded · 2024
Headcount <100 Current team size
Total funding $0–10M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Xias Bio and the history behind them.

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 data

At 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

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEED✓Equity / VC May 2024 $4.9M $20M SOSV · BoxOne Ventures · Good Startup · Indie Bio ↗
SEED✓Equity / VC Dec 2023 $0 — SOSV · Indie Bio ↗
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Growth signals

Xias Bio website traffic

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.

Latest monthly visits250 3-month web change-53.7% 1-year team growth+10%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

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
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇬🇧 United Kingdom100%
1 country shown

Market sentiment

Posts on X, past 7 days

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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