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Corxel

Developing innovative cardiometabolic therapies globally

United States · Founded 2019 · $581.5M raised

Headquarters
New Jersey
Employees
51–200
Founded
2019
Business Model
B2B
Total Funding
$581.5M
Last Round
$82.5M Series BJan 2026
Rounds
4

About

CORXEL (formerly Ji Xing Pharmaceuticals, founded 2019) is a clinical-stage biopharmaceutical company headquartered in the United States and China, focused on developing innovative therapies for patients with cardiometabolic conditions. The company's strategy centers on identifying and in-licensing clinical-stage assets against validated cardiometabolic targets — including obesity, type 2 diabetes, hypertension, and acute cardiovascular events — and advancing them through mid- and late-stage development across global and regional pathways. Its lead program, CX11, is an oral small-molecule GLP-1 receptor agonist in Phase II development for obesity and type 2 diabetes. In January 2026, CORXEL completed a $287 million Series D1 financing to advance its cardiometabolic pipeline.

Summary

Corxel is a Biotech company based in United States, founded in 2019. It has raised $581.5M in total across 4 rounds, most recently a $82.5M Series B round in Jan 2026. Investors include RTW Investments, SR One and Leaps by Bayer.

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Funding History

Series DSeries DJan 2026
$287.0M

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