Investments
20Portfolio Exits
4About Duke Angel Network
The Duke Angel Network (DAN) is uniquely dedicated to connecting, supporting, and cultivating the Duke entrepreneurial community. In addition to providing capital, we actively match Duke alumni expertise with portfolio companies to drive growth.

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Latest Duke Angel Network News
Jul 13, 2022
Xilis, a pioneering biotechnology company developing its MicroOrganoSphere (MOS) technology to guide precision therapy for cancer patients and accelerate drug discovery and development, has closed an extension of over $19 million to its Series A financing round, bringing the total amount raised to over $89 million. New investor FPV Ventures led the extension, with participation from fellow new investor Alexandria Venture Investments and existing investors EQT Life Sciences, Mubadala Capital Management, Pear Ventures, GV (formerly Google Ventures), the Duke Angel Network, Catalio Capital Management, Two Sigma Ventures, Felicis Ventures, Alix Ventures and other strategic partners. Xilis is a biotechnology company developing a precision oncology platform that guides treatment decisions for oncologists to improve cancer care outcomes for patients and enables drug discovery and development with pharmaceutical companies. Xilis' proprietary MicroOrganoSphere (MOS) technology consists of miniature patient tumors that capture the full microenvironment and heterogeneity and provides an automated and scalable solution. Using MOS and AI-driven algorithms, Xilis is developing a Xilis Response Score for the clinic, enabling oncologists to make informed and timely treatment decisions. Additionally, the MOS technology is speeding up the discovery and clinical development of new drug candidates. (c)2011-2020 by Massinvestor, Inc. For contact info, please check out our about page.
Duke Angel Network Investments
20 Investments
Duke Angel Network has made 20 investments. Their latest investment was in Pryon as part of their Convertible Note on November 11, 2022.

Duke Angel Network Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
11/16/2022 | Convertible Note | Pryon | $18.6M | Yes | ||
11/15/2022 | Series A | Atmos | $12.5M | Yes | 11 | |
7/13/2022 | Series A - II | Xilis | $19M | No | Alexandria Venture Investments, Alix Ventures, Catalio Capital Management, Duke Angel Network, EQT Partners, Felicis, FPV Ventures, Google Ventures, Mubadala Capital, Pear VC, Two Sigma Ventures, and Undisclosed Investors | 4 |
12/14/2021 | Seed | |||||
7/8/2021 | Series A |
Date | 11/16/2022 | 11/15/2022 | 7/13/2022 | 12/14/2021 | 7/8/2021 |
---|---|---|---|---|---|
Round | Convertible Note | Series A | Series A - II | Seed | Series A |
Company | Pryon | Atmos | Xilis | ||
Amount | $18.6M | $12.5M | $19M | ||
New? | Yes | Yes | No | ||
Co-Investors | Alexandria Venture Investments, Alix Ventures, Catalio Capital Management, Duke Angel Network, EQT Partners, Felicis, FPV Ventures, Google Ventures, Mubadala Capital, Pear VC, Two Sigma Ventures, and Undisclosed Investors | ||||
Sources | 11 | 4 |
Duke Angel Network Portfolio Exits
4 Portfolio Exits
Duke Angel Network has 4 portfolio exits. Their latest portfolio exit was SaaSOptics on April 13, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
4/13/2022 | Merger | 2 | |||
Date | 4/13/2022 | |||
---|---|---|---|---|
Exit | Merger | |||
Companies | ||||
Valuation | ||||
Acquirer | ||||
Sources | 2 |
Duke Angel Network Team
2 Team Members
Duke Angel Network has 2 team members, including former Managing Director, John Glushik.
Name | Work History | Title | Status |
---|---|---|---|
John Glushik | Managing Director | Former | |
Name | John Glushik | |
---|---|---|
Work History | ||
Title | Managing Director | |
Status | Former |
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