Xilio Therapeutics Raises $35.8 Million Through Series B Warrant Exercises

Reuters
2026.01.08 13:30
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Xilio Therapeutics Inc. has raised $35.8 million through the exercise of Series B warrants, with full participation from Coastlands Capital, Frazier Life Sciences, and Gilead Sciences, Inc. The funds, generated from warrants issued during a public offering in June 2025, are expected to extend the company's cash runway into the second quarter of 2027.