Librede

San Diego, United States Founded: 2009 • Age: 17 yrs Acquired By Lygos
Yeast is engineered via synthetic biology for cannabinoid compound production.

About Librede

Librede is a Healthcare company based in San Diego (United States) founded in 2009, and was acquired by Lygos in January 2020. Yeast is engineered via synthetic biology for cannabinoid compound production. Its chief executive, as recorded, is Eric Steen. Its focus areas include Life Sciences, Life Sciences Platforms and Tools, Research Services and Diversified. Its competitors include Avidity Biosciences, Vividion Therapeutics and Korro Bio; 3 of its 3 listed competitors have raised funding.

Company details

Founded in 2009 in San Diego, United States, Librede operates in the synthetic biology sector focused on drug discovery. Yeast is engineered with metabolic pathways from Cannabis Sativa to produce chemical compounds for the endocannabinoid system, targeting neurodegenerative diseases. Natural and derivative compounds are generated for pharmaceutical and nutraceutical uses, with custom formulations supported. Two products, tetrahydrocannabinol and cannabidiol, are prepared for market launch.

  • Headquarters San Diego, United States
  • Stage Acquired
  • Sectors
    Healthcare
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website librede.com
  • Social LinkedIn
  • Acquired by Lygos (Jan 2020)
Key Metrics
  • Latest Funding Round
    $224.92K (USD), Grant

    Sep 2016

  • Investors
    Lygos

    & 1 more

  • Acquired by
    Lygos

    (Jan 2020)

Funding Insights of Librede

  • Total Rounds 8
  • Last Round Grant β€” $224,920
  • First Round $907,274

    (Sep 2009)

  • Investors Count 1

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2016$224,920Grant––
May 2016$1.72MGrant––
Jul 2012$149,995Grant––
Sep 2011$1.3MGrant––
Jan 2011$776,809Grant––
Sep 2010$1.68MGrant––
Jan 2010$149,770Grant––
Sep 2009$907,274Grant––
Valuation history

2 investors in total: 2 institutional.

Investors in Librede

Librede has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Lygos and HHS.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Public health and human services are overseen by HHS.
1953hhs.gov
Green acids are produced from microbes via synthetic biology.
2010lygos.comEmeryville, United States
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Investor details for Librede

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People of Librede

1 people are tracked at Librede (1 in leadership).

NameRoleGroup
Eric Steen
CEOLeadership
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Complete people profiles for Librede

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Timeline of Librede

4 dated milestones of Librede across 11 years, from founding to its latest funding, stage changes and deals.

  1. Founded Librede is founded.
  2. Funding First funding round of $907K.
  3. Funding Latest funding round, Grant, of $225K.
  4. Exit Acquired by Lygos.

Competitors of Librede

Librede has 3 listed competitors in our database, 3 of them funded. They include Avidity Biosciences, Vividion Therapeutics and Korro Bio.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
aviditybiosciences.com2012San Diego, United States$142.54M253
Antibody-siRNA complexes are developed for cancer treatment.
vividion.com2016Oceanside, United States$270.5M123
Developing novel drugs based on a proteome-wide ligand and target discovery platform
korrobio.com2018Cambridge, United States$4M77
RNA-editing technologies are provided for precision medicine applications.
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Detailed competitors of Librede

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Top companies in Life Sciences Platforms & Tools

3 companies that operate in the same segment as Librede (Life Sciences Platforms & Tools) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Medidata is recognized as a leading provider of SaaS solutions for clinical research.
1999New York, New York, United StatesUSD 41.5 M
AI-based solutions for health management are provided.
2015Dallas, Texas, United StatesUSD 2.8 B1,111
Real-world health data is provided for research and decisions.
2012Menlo Park, California, United StatesUSD 259.16 M
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Related news about Librede

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Frequently Asked Questions about Librede

Librede was founded in 2009.

Librede is headquartered in San Diego, United States. It is registered at San Diego, California, United States.

Eric Steen is the CEO of Librede, as recorded in our data.

Founded in 2009 in San Diego, United States, Librede operates in the synthetic biology sector focused on drug discovery. Yeast is engineered with metabolic pathways from Cannabis Sativa to produce chemical compounds for the endocannabinoid system, targeting neurodegenerative diseases. Natural and derivative compounds are generated for pharmaceutical and nutraceutical uses, with custom formulations supported. Two products, tetrahydrocannabinol and cannabidiol, are prepared for market launch.

Librede's top competitors include Avidity Biosciences, Vividion Therapeutics and Korro Bio.

Librede has 2 investors. Key investors include Lygos, and HHS.

Yes. Librede was acquired by Lygos in January 2020.

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