GlycosBio

Houston, United States Founded: 2007 • Age: 19 yrs
Industrial biotechnology company focusing on development of specialty chemicals and food supplements

About GlycosBio

GlycosBio is a Healthcare company based in Houston (United States) founded in 2007 by Richard Cilento. Industrial biotechnology company focusing on development of specialty chemicals and food supplements. GlycosBio has raised $16.78 million across 8 funding rounds from investors including DFJ, EIV Capital and Mercury Fund. The company has 7 employees. GlycosBio offers products and services including Activated Oil Systems and Bioavailability Research. Its focus areas include Life Sciences, Nutraceuticals Tech, Dietary Supplements and Disease Specific. Its legal entity is GLYCOS BIOTECHNOLOGIES INC. Its competitors include ChromaDex, LifeVantage and Bloom Nutrition; 1 of its 3 listed competitors has raised funding.

Company details

GlycosBio is a scientifically focused biotechnology company with expertise in molecular biology as well as metabolic engineering. The company leverages metabolic engineering and associated process development for the production of specialty chemicals like Lactic Acid and Isoprene from crude glycerol, palm fatty acid distillates, and glucose for the preparation of food additives, biodegradable plastics, etc. GlycosBios nutraceuticals platform also supports the production of food ingredients like Non-GMO enriched proteins, dietary fiber, concentrated omega-3 fatty acids and probiotics from rice bran, fish and algal oil, and palm kernel cake.

  • Headquarters Houston, United States
  • Employees 7
  • Founders Richard Cilento
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website glycosbio.com
  • Social LinkedIn
  • Legal Name Glycos Biotechnologies Inc
Key Metrics
  • Total Equity Funding
    $16.78M (USD)

    in 8 rounds

  • Latest Funding Round
    $1.13M (USD), Series C

    Mar 2024

  • Investors
    DFJ

    & 2 more

  • Employee Count
    7

Products & Services of GlycosBio

GlycosBio offers a comprehensive portfolio of products and services, including Activated Oil Systems and Bioavailability Research.

Activated Oil Systems
Therapeutic Technology

Enhances therapeutic benefits of natural materials via lipid engineering.

Bioavailability Research
Health Research

Improves nutrient absorption for patients with gastrointestinal issues.

Funding Insights of GlycosBio

GlycosBio has successfully raised a total of $16.78M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $1.13 million completed in March 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $16.78M
  • Total Rounds 8
  • Last Round Series C β€” $1.13M
  • First Round $1.81M

    (Feb 2008)

  • Investors Count 3

All 8 funding rounds of GlycosBio with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2024$1.13MSeries C––
–
Apr 2023$425,000Series B––
–
Dec 2016$829,846Series B––
–
Oct 2013$375,250Series A––
–
Feb 2013$3MSeries A–DFJ
–
Oct 2010$4.22MSeries A–EIV Capital
–
Mar 2009$5MSeries A–DFJ, Mercury Fund
–
Feb 2008$1.81MSeed––
–
Valuation history

3 investors in total: 3 institutional.

Investors in GlycosBio

GlycosBio has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include DFJ, EIV Capital and Mercury Fund.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
US focused VC firm
dfj.comMenlo Park, United States
Growth equity is invested in sustainable energy businesses by EIV Capital.
eivcapital.comHouston, United States
Early-stage investments are directed toward US, India, and Canada firms.
mercuryfund.comHouston, United States
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Investor details for GlycosBio

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People of GlycosBio

3 people are tracked at GlycosBio (3 in leadership); the tracked headcount is 7.

NameRoleGroup
Richard Cilento
Co-FounderLeadership
Kevin Mitchell
VP-FinanceLeadership
Chad Conger
Chief Strategy And Commercial OfficerLeadership
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Complete people profiles for GlycosBio

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Timeline of GlycosBio

3 dated milestones of GlycosBio across 17 years, from founding to its latest funding, stage changes and deals.

  1. Founded GlycosBio is founded.
  2. Funding First funding round of $1.8M.
  3. Funding Latest funding round, Series C, of $1.1M.

Competitors of GlycosBio

GlycosBio has 3 listed competitors in our database, 1 of them funded. They include ChromaDex, LifeVantage and Bloom Nutrition.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
chromadex.com1999Irvine, United States$3.35M228
Nutritional ingredients for health and wellness are developed.
lifevantage.com2003Monroe, United States248
Nutritional products for various health ailments are provided.
bloomnu.com2019Venice, United States41
Health and wellness nutritional supplements are provided by Bloom Nutrition.
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Detailed competitors of GlycosBio

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Top companies in Nutraceutical & Food-as-Medicine Platforms

3 companies that operate in the same segment as GlycosBio (Nutraceutical & Food-as-Medicine Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Therapies for metabolic health in chronic disease patients are provided.
2014San Francisco, California, United StatesUSD 401.78 M910
Personalized gut health solutions are provided by ZOE.
2017New Castle, Pennsylvania, United StatesUSD 15 M
Machine learning-based bioinformatics solutions for health insights are provided.
2016Los Alamos, New Mexico, United StatesUSD 301.57 M
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Related news about Glycosbio

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Frequently Asked Questions about GlycosBio

GlycosBio was founded in 2007 and raised its 1st funding round 1 year after it was founded.

GlycosBio is headquartered in Houston, United States. It is registered at Houston, Texas, United States.

GlycosBio is a funded company, having raised a total of $16.78M across 8 funding rounds to date. The company's 1st funding round was a Seed of $1.81M, raised on Feb 2008.

GlycosBio has 7 employees.

GlycosBio is a scientifically focused biotechnology company with expertise in molecular biology as well as metabolic engineering. The company leverages metabolic engineering and associated process development for the production of specialty chemicals like Lactic Acid and Isoprene from crude glycerol, palm fatty acid distillates, and glucose for the preparation of food additives, biodegradable plastics, etc. GlycosBios nutraceuticals platform also supports the production of food ingredients like Non-GMO enriched proteins, dietary fiber, concentrated omega-3 fatty acids and probiotics from rice bran, fish and algal oil, and palm kernel cake.

GlycosBio's top competitors include ChromaDex, LifeVantage and Bloom Nutrition.

GlycosBio offers Activated Oil Systems and Bioavailability Research.

GlycosBio has 3 investors. Key investors include DFJ, EIV Capital, and Mercury Fund.

GlycosBio operates through Glycos Biotechnologies Inc.

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