Lygos
Company

Last deal

$160M

Amount

Venture - Series Unknown

Stage

18.04.2022

Date

3

all rounds

$211.53M

Total amount

date founded

Financing round

General

About Company
Lygos engineers microbes to convert renewable feedstock into high-value industrial chemicals.

Industry

Sector :

Subsector :

founded date

01.01.2011

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

The company's platform facilitates the rapid optimization of pathways to convert cheap and renewable feedstock to high-value chemicals, targeting compounds where biological production is cost-advantaged over petrochemical production. Founded in 2011 and headquartered in Berkeley, California, Lygos develops microbial catalysts and specialty chemicals, aiming to convert agricultural feedstocks into fine and commodity chemicals.
Contacts

Contact Email

Social url

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M&A Details
1

Acquired by

Flexible Solutions International

announced date

18.04.2022

Financials

Funding Rounds
14
3

Number of Funding Rounds

$211.53M

Money Raised

Their latest funding was raised on 18.04.2022. Their latest round Venture - Series Unknown

Date 
Funding Round 
Investors 
Money Raised 
Lead 

CJ Cheiljedang

biotechnology, agriculture

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1

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1
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Co-Investors
Investors
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Investor 
Lead 
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Partners 
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current job

The General Partnership
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organization founded

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Acquisitions
1
Acquiree Name 
Date 
Price 
Acquisition Name 
Librede acquired by Lygos

Librede acquired by Lygos

acquirer

Lygos
Lygos

date

15.01.2020

type

Acquisition
Librede

Librede

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Sector

Pharmaceuticals and Biotechnology

Subsector

Biotechnology

Keywords

Biotechnology, Pharmaceuticals, Manufacturing

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San Diego, CA, USA

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2

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$1.64M

People

Founders
3
Jeffrey Dietrich
Jeffrey Dietrich

Jeffrey Dietrich

Jeffrey Dietrich received his BS in Bioengineering from Rice University in 2005 and his PhD in Bioengineering from UC-Berkeley in 2011; Jeffrey was awarded a Siebel Scholarship in 2010 for his dissertation research in Dr. Jay Keasling’s laboratory at the Joint BioEnergy Institute. He is inventor of a series of next-generation high-throughput screening and selection technologies for improved microbial small-molecule biosynthesis. Jeffrey Co-Founded Lygos, Inc. in 2010 and is currently Chief Technology Officer. Lygos uses synthetic biology in combination with high-throughput screening approaches to engineer microbes for the production of chemicals. Lygos focuses on chemicals where biology has inherent cost advantages over petrochemical processes due to improved process yields, or elimination of hazardous waste streams.

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Revel Technologies
Revel Technologies

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2

Jeffrey Dietrich

Eric Steen
Eric Steen

Eric Steen

At Lygos, Dr. Steens' primary responsibilities include establishing a strategic vision, managing partnership and customer development, process commercialization, product development, and fundraising. Dr. Steen is an expert in optimizing sugar to product conversion efficiency, and prior to co-founding Lygos he led efforts to engineer yeast for the conversion of sugars into fuels and chemicals at the Department of Energy's Joint BioEnergy Institute; these technologies resulted in numerous peer-reviewed publications and patents, which are in various stages of commercialization. Dr. Steen earned a BS in Biomedical Engineering from Brown University in Providence, RI, and a Ph.D. in Bioengineering from UC Berkeley and UC San Francisco. While in graduate school, Dr. Steen completed a program in Management of Technology at UC Berkeley's Haas School of Business.

current job

Lygos
Lygos

organization founded

1

Eric Steen

Jay Keasling
Jay Keasling

Jay Keasling

Keasling is a Professor of Chemical engineering and Bioengineering at the University of California-Berkeley, Associate Laboratory Director at Lawrence Berkeley National Laboratory, Chief Executive Officer of the Joint BioEnergy Institute, and Director of the Synthetic Biology Engineering Research Center.He joined the UC-Berkeley faculty in 1992 and is considered one of the foremost authorities in synthetic biology, especially in the field of metabolic engineering. Dr. Keasling is also a co-founder of Codon Devices, Amyris, and LS9.

current job

Joint BioEnergy Institute (JBEI)
Joint BioEnergy Institute (JBEI)

organization founded

2

Jay Keasling

Employee Profiles
10
Bryce Dille

Bryce Dille

VP, Finance

Mark Held

Scientist iii

Kaitlyn Kelly

Research assistant ii

Johan van Walsem

Johan van Walsem

Chief Operations Officer

Eric Steen

Eric Steen

CEO & Co-founder

David Melis

Director of fermentation development

Kevin Kaster

Kevin Kaster

VP of Business Development & IP Strategy

Activity

Recent News
4
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