LakePharma

Belmont, United States Founded: 2009 • Age: 17 yrs Acquired By Curia
Provider of drug discovery on molecular biology, viral vectors and cell protein engineering
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About LakePharma

LakePharma is a company based in Belmont (United States) founded in 2009 was acquired by Curia in July 2021.. LakePharma has raised $30 million across 2 funding rounds from investors including Curia, Summit Partners and Ampersand Capital Partners. The company has 212 employees as of December 31, 2022. LakePharma has completed 1 acquisition, including Blue Sky BioServices. LakePharma offers products and services including Antibody Discovery, API Manufacturing, Cell Line Development, and mRNA Process Development. LakePharma operates in a competitive market with competitors including Syngene, Abzena, Patheon, Piramal Group and Maravai Life Sciences, among others.

  • Headquarter Belmont, United States
  • Employees 212 as on 31 Dec, 2022
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Lakepharma, Inc.
Operational Areas
Healthcare → Healthcare Services & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $30 M (USD)

    in 2 rounds

  • Latest Funding Round
    $30 M (USD), Series B

    Dec 12, 2017

  • Investors
    Curia

    & 2 more

  • Employee Count
    212

    as on Dec 31, 2022

  • Investments & Acquisitions
  • Acquired by
    Curia

    (Jul 14, 2021)

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Products & Services of LakePharma

LakePharma offers a comprehensive portfolio of products and services, including Antibody Discovery, API Manufacturing, Cell Line Development, and mRNA Process Development. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Service for discovering and engineering therapeutic antibodies for drug development.

Production of active pharmaceutical ingredients for drug formulation.

Development of stable mammalian cell lines for biologics production.

Optimization of mRNA production processes for vaccines and therapeutics.

People of LakePharma
Headcount 1000-5000
Employee Profiles 268
Employee Profiles
People
Steve Lichter
President, API
People
Rajashekar Reddy
Quality Manager
People
Bradden Smith
Senior Business Analyst
People
Scott Wagner
SVP, Global Operations

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Funding Insights of LakePharma

LakePharma has successfully raised a total of $30M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in December 2017. 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
  • Total Rounds 2
  • Last Round Series B — $30.0M
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2017 Amount Series B - LakePharma Valuation Summit Partners
Mar, 2016 Amount Series A - LakePharma Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in LakePharma

LakePharma has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Curia, Summit Partners and Ampersand Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Summit Partners is recognized as a growth equity investment firm.
Founded Year Domain Location
Ampersand Capital Partners is focused on investments in healthcare and life sciences.
Founded Year Domain Location
Drug research, development, testing, and consulting services are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by LakePharma

LakePharma has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Blue Sky BioServices. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of preclinical development services in the biotechnology R&D market
2003
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - LakePharma

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Lakepharma Comparisons

Employees
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Competitors of LakePharma

LakePharma operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Syngene, Abzena, Patheon, Piramal Group and Maravai Life Sciences, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provider of contract research and manufacturing services for both small molecules and biologics
domain founded_year HQ Location
Provider of antibody discovery, cell line development, and bio analytics services
domain founded_year HQ Location
Commercial manufacturing and pharmaceutical development services for biopharmaceutical industry
domain founded_year HQ Location
Multinational conglomerate with diverse interests in Pharma, Financial Services and Real Estate
domain founded_year HQ Location
Provides enabling tools and services in the life sciences research and bio-production industries
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Lakepharma

Frequently Asked Questions about LakePharma

When was LakePharma founded?

LakePharma was founded in 2009 and raised its 1st funding round 7 years after it was founded.

Where is LakePharma located?

LakePharma is headquartered in Belmont, United States. It is registered at Belmont, California, United States.

Is LakePharma a funded company?

LakePharma is a funded company, having raised a total of $30M across 2 funding rounds to date.

How many employees does LakePharma have?

As of Dec 31, 2022, the latest employee count at LakePharma is 212.

What does LakePharma do?

LakePharma is a contract research organization (CRO) providing services for clients molecular biology, cell line, and protein needs. It has developed technologies based on mammalian gene expression, antibody engineering, cell engineering, protein production, and lab automation. Its suite of services includes antibody generation, antibodyprotein engineering and production, protein conjugation, protein analytics, bioassays, DNA studio, stable cell lines and biomanufacturing of proteins, antibodies, reagents and assay kits for a range of research and diagnostic applications.

Who are the top competitors of LakePharma?

LakePharma's top competitors include Abzena, Syngene and Grand River Aseptic Manufacturing.

What products or services does LakePharma offer?

LakePharma offers Antibody Discovery, API Manufacturing, Cell Line Development, and mRNA Process Development.

How many acquisitions has LakePharma made?

LakePharma has made 1 acquisition, including Blue Sky BioServices.

Who are LakePharma's investors?

LakePharma has 3 investors. Key investors include Curia, Summit Partners, and Ampersand Capital Partners.

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