Fundraising Fox

Xaira Therapeutics

South San Francisco, US Β· Founded 2023 Β· 8 known investors

xaira.com β†—

Xaira develops AI and machine learning tools for drug discovery and protein design, serving pharmaceutical and biotech companies.

Also known as Xaira Β· Xaira Therapeutics, Inc.

AI & Machine LearningBiotechMedical Devices

Founders & leadership

Xaira Therapeutics was founded in 2023 by Marc Tessier-Lavigne.

MTMarc Tessier-Lavigne
Marc Tessier-LavigneinFounder Β· Chief Executive Officer
DC
Dr. Ci ChuChief Discovery Officer
DB
Dr. Bo WangChief AI Scientist
DI
Dr. Ian McCafferySVP, Translational Science and Early Clinical Development
HK
Hetu KamisettyFounder

Investors Β· 8

Company profile

researched Aug 2026

Xaira Therapeutics is a drug discovery and development company applying artificial intelligence across the full span of the R&D process, from target selection and therapeutic molecule design to clinical development and patient selection. The company describes itself as building predictive and agentic AI models intended to move drug discovery from an empirical science toward an engineering discipline, with the stated aims of raising probability of success, shortening development timelines and lowering costs [0][1][3].

The company organizes its work around three elements: advanced AI research, large-scale data generation, and therapeutic product development across multiple modalities. Its computational core builds on work by co-founder David Baker and his team at the Institute for Protein Design at the University of Washington on de novo protein design, which Xaira says enables medicines against targets resistant to other approaches. A functional genomics and proteomics data platform generates and integrates multidimensional datasets spanning molecular to human scales in order to identify causal relationships in disease, and internal lab and clinical experiments are used as data-generation vehicles that feed back into model development [3].

Publicly disclosed technical output includes X-Atlas/Orion, described as the largest publicly available genome-wide Perturb-seq dataset (June 2025), and X-Cell, the company's first virtual cell model, trained on the X-Atlas/Pisces genome-wide perturbation dataset (March 2026). Company leadership has also discussed virtual cells, causal biological datasets and high-throughput biology in public podcast appearances [0][5].

Founding story

Xaira was co-founded and incubated by ARCH Venture Partners and Foresite Labs, with Nobel Laureate David Baker of the University of Washington Institute for Protein Design as a co-founder whose de novo protein design work forms the basis of Xaira's computational core [3]. ARCH's Robert Nelsen said he specifically recruited Marc Tessier-Lavigne β€” former Genentech chief scientific officer, Denali Therapeutics co-founder and former Stanford University president β€” to lead the company, and that some investors would only back Xaira if he was at the helm [6].

Business model

Xaira is developing its own internal pipeline of therapeutics across multiple modalities using its AI and data platforms, rather than describing a platform-licensing model on its public materials [3]. Sources do not describe revenue-generating commercial arrangements.

Traction

Publicly reported traction is scientific and organizational rather than commercial: release of X-Atlas/Orion, described as the largest publicly available genome-wide Perturb-seq dataset (June 2025), and the March 2026 launch of X-Cell, described as the largest virtual cell model to date and trained on the largest-ever genome-wide perturbation dataset [5]. Preprints and papers include RFdiffusion (Nature, July 2023), atomically accurate de novo design of single-domain antibodies (bioRxiv, March 2024), designed endocytosis-inducing proteins (Nature, September 2024) and the X-Cell preprint (bioRxiv, March 2026) [5]. As of March 2026 the company was still described as pre-disclosure on much of its pipeline, with an executive discussing modalities and disease areas under exploration [7].

Latest developments

In March 2026 Xaira launched X-Cell, its first virtual cell model, trained on the X-Atlas/Pisces genome-wide perturbation dataset, accompanied by a bioRxiv preprint on scaling causal perturbation prediction using diffusion language models; press coverage described it as the largest virtual cell model to date [5]. Also in March 2026, Rachel Lane was appointed SVP, Business Development and Operations, and Fierce Biotech published a podcast with President and COO Jeff Jonker on the company's strategy, modalities and disease areas [5][7]. In July 2026 Xaira announced the appointment of Ian McCaffery as SVP, Translational Science and Early Clinical Development, and promotions of Ci Chu to Chief Discovery Officer and Bo Wang to Chief AI Scientist, and published its first blog post, "Progressable Binders: The Binders that Matter" [0][5].

β–ΈFull profile β€” market position, technology, geography, history, risks & controversies

Market position

Xaira launched in April 2024 with $1 billion, an amount described by trade press as having little precedent in healthcare in the preceding year and larger than the funding of prominent private healthcare companies such as Freenome, ElevateBio and Biosplice; ARCH Venture Partners called it its largest investment in the firm's 39-year history [6]. Fierce Biotech characterized Xaira as one of biotech's most closely watched companies following the raise, noting it disclosed relatively little publicly until 2026 [7]. The company appeared on Fortune's 50 AI Innovators list (November 2024), LinkedIn Top Startups 2024 (U.S.), and was an Endpoints 11 winner (September 2024) [5]. Its launch coincided with contraction elsewhere in AI biotech, including staff cuts at BenevolentAI [6].

Xaira positions its combination of de novo protein design models originating from David Baker's lab, proprietary large-scale causal perturbation data generation, and an experienced drug development team as an end-to-end approach spanning computational method development through clinical development, in contrast with point-solution AI tools [3]. Company materials emphasize causal biological datasets and virtual cell modeling as prerequisites for predictive AI in biology [0][5].

Technology

Xaira's stack combines fundamental computational methods development with applications in biological discovery, molecule design and clinical development. Its protein design capability derives from RFdiffusion-era de novo protein design work by co-founder David Baker's group at the University of Washington Institute for Protein Design, which Xaira says it is advancing further [3]. A second pillar is large-scale data generation in functional genomics and proteomics, exemplified by X-Atlas/Orion, described as the largest publicly available genome-wide Perturb-seq dataset built on a scalable fix-cryopreserve platform for training dose-dependent biological foundation models, and X-Atlas/Pisces, the genome-wide perturbation dataset underlying the X-Cell virtual cell model, which uses diffusion language models for causal perturbation prediction across cellular contexts [5]. The company also states it is building agentic AI models spanning the discovery and development process [0][1].

Geography

Headquartered in San Francisco/South San Francisco, with additional offices in Seattle and London [4][6].

History

The company launched publicly on April 23, 2024 with $1 billion in funding co-led by ARCH Venture Partners and Foresite Capital [5][6]. A series of executive appointments followed: Debbie Law as Chief Scientific Officer and Julia Tran as Chief People Officer (October 2024); Paulo Fontoura as Chief Medical Officer and Hetu Kamisetty as Chief Technology Officer (December 2024); Bo Wang as SVP and Head of Biomedical AI (April 2025); Jeff Jonker as President and Chief Operating Officer (July 2025); Rachel Lane as SVP, Business Development and Operations (March 2026); and Ian McCaffery as SVP, Translational Science and Early Clinical Development alongside promotions of Ci Chu to Chief Discovery Officer and Bo Wang to Chief AI Scientist (July 2026) [5]. Scientific milestones include release of the X-Atlas/Orion Perturb-seq dataset in June 2025 and the launch of the X-Cell virtual cell model in March 2026 [5].

Risks & controversies

CEO Marc Tessier-Lavigne resigned as president of Stanford University in July 2023 following allegations of research misconduct concerning papers he co-authored in the early 2000s, some of which were retracted. A scientific panel concluded he did not personally engage in research misconduct in any of the twelve papers examined, but found serious flaws in the presentation of data in five papers where he was principal author and apparent manipulation by others in at least four, and criticized laboratory oversight. A Xaira spokesperson emphasized his exoneration and his attempts to obtain corrections [6]. Separately, Xaira's careers page warns of fraudulent actors impersonating Xaira employees to conduct fake interviews and extend false job offers [4]. Xaira launched amid broader biotech job cuts, including a 30% staff reduction at AI biotech BenevolentAI [6].

Compiled by commissioned research from 8 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
HeadcountAug 2026217
Office locationsJan 2026South San Francisco, Seattle, London
Total disclosed fundingApr 2024$1B

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Founder mafia

4 people who came through Xaira Therapeutics went on to found or lead other companies.

Timeline Β· 12

launches, deals, and filings
Jul 2026
Ian McCaffery appointed SVP, Translational Science and Early Clinical Development; Ci Chu promoted to Chief Discovery Officer and Bo Wang to Chief AI Scientist

source β†—

Mar 2026
Rachel Lane, Ph.D. appointed Senior Vice President, Business Development and Operations

source β†—

Mar 2026
Launch of X-Cell, Xaira's first virtual cell model

Virtual cell model trained on X-Atlas/Pisces, described as the largest-ever genome-wide perturbation dataset; a bioRxiv preprint on scaling causal perturbation prediction with diffusion language models followed on 2026-03-20.

source β†—

Jul 2025
Jeff Jonker appointed President and Chief Operating Officer

source β†—

Jun 2025
Release of X-Atlas/Orion, described as the largest publicly available genome-wide Perturb-seq dataset

Dataset generated via a scalable fix-cryopreserve platform and intended for training dose-dependent biological foundation models; accompanied by a bioRxiv preprint dated 2025-06-16.

source β†—

Apr 2025
Bo Wang appointed SVP and Head of Biomedical AI

source β†—

Dec 2024
Paulo Fontoura appointed Chief Medical Officer and Hetu Kamisetty Chief Technology Officer

source β†—

Nov 2024
Included in Fortune 50 AI Innovators list

source β†—

Oct 2024
Debbie Law appointed Chief Scientific Officer and Julia Tran Chief People Officer

source β†—

Sep 2024
Named an Endpoints 11 winner

source β†—

Sep 2024
Named to LinkedIn Top Startups 2024 list of 50 U.S. companies on the rise

source β†—

Apr 2024
Xaira launches with $1 billion co-led by ARCH Venture Partners and Foresite Capital

Xaira Therapeutics emerged publicly with a $1 billion funding round, described as ARCH Venture Partners' largest investment in its 39-year history and one of the largest recent private healthcare raises.

$1B source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

β–ΈResearch sources Β· 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Xaira Therapeutics do?
AI-driven drug discovery company launched with $1B from ARCH Venture Partners and Foresite, building protein-design and virtual-cell models.
Who founded Xaira Therapeutics?
Xaira Therapeutics was founded by Marc Tessier-Lavigne in 2023.
Who are Xaira Therapeutics's investors?
Xaira Therapeutics's investors include ARCH Venture Partners, Breyer Capital, F-Prime Capital, Foresite Capital, Longwood Fund, Menlo Ventures, New Enterprise Associates (NEA), Vedanta Capital.
Where is Xaira Therapeutics headquartered?
Xaira Therapeutics is headquartered in South San Francisco, US.