Xibus Systems Overview
- Year Founded
-
2016
- Status
-
Acquired/Merged
- Employees
-
3
- Latest Deal Type
-
M&A
- Investors
-
1
Xibus Systems General Information
Description
Operator of a food and beverage safety platform intended to develop a microbiological testing system. The company's platform is a combination of materials, biotechnology, and optics IP that facilitates quantitative and array-based tests for high-throughput, low-component, and overall system cost, enabling users to have rapid microbiological testing for food safety and quality.
Contact Information
Website
www.xibus.systems(Operating Subsidiary)
Corporate Office
- 200 Dexter Avenue
- Watertown, MA 02472
- United States
Corporate Office
- 200 Dexter Avenue
- Watertown, MA 02472
- United States
Xibus Systems Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Merger/Acquisition | 15-Nov-2024 | Completed | Generating Revenue | |||
| 7. Accelerator/Incubator | 24-May-2024 | Completed | Generating Revenue | |||
| 6. Seed Round | 22-Jun-2020 | Completed | Generating Revenue | |||
| 5. Seed Round | 12-Apr-2019 | Completed | Generating Revenue | |||
| 4. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 3. Accelerator/Incubator | 01-Sep-2018 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 1. University Spin-Out | 16-Nov-2016 | Completed | Generating Revenue |
Xibus Systems Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed 2 | ||||||||
| Seed 3 | ||||||||
| Seed 1 | 4,361,384 | $0.000100 | $0.01 | $0.17 | $0.17 | 1x | $0.17 | 29.56% |
Xibus Systems Patents
Xibus Systems Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20230258618-A1 | Rapid detection of analytes | Inactive | 27-Jan-2022 | ||
| US-20240003890-A1 | Particle-based detection of analytes | Pending | 18-Nov-2020 | ||
| WO-2022109071-A1 | Particle-based detection of analytes | Inactive | 18-Nov-2020 | G01N33/54333 |
Xibus Systems Signals
Xibus Systems Former Investors (6)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Abdul Latif Jameel Water and Food Systems Lab | University | |||
| Greentown Labs | Accelerator/Incubator | Minority | ||
| MassChallenge | Accelerator/Incubator | |||
| Newlin Investment Company | Growth/Expansion | Minority | ||
| Safar Partners | Venture Capital | Minority |
Xibus Systems FAQs
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When was Xibus Systems founded?
Xibus Systems was founded in 2016.
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Where is Xibus Systems headquartered?
Xibus Systems is headquartered in Watertown, MA.
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What is the size of Xibus Systems?
Xibus Systems has 3 total employees.
-
What industry is Xibus Systems in?
Xibus Systems’s primary industry is Biotechnology.
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Is Xibus Systems a private or public company?
Xibus Systems is a Private company.
-
What is Xibus Systems’s current revenue?
The current revenue for Xibus Systems is .
-
How much funding has Xibus Systems raised over time?
Xibus Systems has raised $1.99M.
-
Who are Xibus Systems’s investors?
Abdul Latif Jameel Water and Food Systems Lab, Greentown Labs, MassChallenge, Newlin Investment Company, and Safar Partners are 5 of 6 investors who have invested in Xibus Systems.
-
When was Xibus Systems acquired?
Xibus Systems was acquired on 15-Nov-2024.
-
Who acquired Xibus Systems?
Xibus Systems was acquired by Fluorityx.
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