Locus Biosciences

Raleigh, United States Founded: 2015 • Age: 11 yrs
Developer of therapeutics for infectious disease and inflammatory indications
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About Locus Biosciences

Locus Biosciences is a company based in Raleigh (United States) founded in 2015.. Locus Biosciences has raised $67.33 million across 12 funding rounds from investors including Tencent, Illumina and Hercules Capital. The company has 74 employees as of December 31, 2022. Locus Biosciences has completed 1 acquisition, including EpiBiome. Locus Biosciences offers products and services including LOCUS Platform and LBP-EC01. Locus Biosciences operates in a competitive market with competitors including Beam Therapeutics, Spero Therapeutics, eGenesis, Korro Bio and Editas Medicine, among others.

  • Headquarter Raleigh, United States
  • Employees 74 as on 31 Dec, 2022
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Locus Biosciences, Inc
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Healthcare Products & Supplies
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $67.33 M (USD)

    in 12 rounds

  • Latest Funding Round
    $23.9 M (USD), Grant

    Jan 23, 2024

  • Investors
    Tencent

    & 8 more

  • Employee Count
    74

    as on Dec 31, 2022

  • Investments & Acquisitions
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Products & Services of Locus Biosciences

Locus Biosciences offers a comprehensive portfolio of products and services, including LOCUS Platform and LBP-EC01. 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

AI-driven system for designing engineered bacteriophage therapies for infections.

Targets E. coli infections through precision bacteriophage therapeutics.

People of Locus Biosciences
Headcount 50-200
Employee Profiles 11
Board Members and Advisors 2
Employee Profiles
People
Wendy Summers
VP of Pharmaceutical Operations & Technology
People
Joseph Nixon
Chief Financial Officer
People
Paul Kim
Chief Development Officer
People
Nathan Macgregor
Associate Director of Quality

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Board Members and Advisors
people
Bary Bailey
Director
people
Stuart Peterson
Director

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Funding Insights of Locus Biosciences

Locus Biosciences has successfully raised a total of $67.33M across 12 strategic funding rounds. The most recent funding activity was a Grant round of $23.9 million completed in January 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
  • Total Rounds 12
  • Last Round Grant — $23.9M
  • First Round

    (05 Feb 2016)

  • Investors Count 9
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2024 Amount Grant - Locus Biosciences Valuation

investors

HHS
May, 2022 Amount Series B - Locus Biosciences Valuation Viking Global Investors , Johnson & Johnson Innovation
Oct, 2021 Amount Debt – Conventional - Locus Biosciences 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 Locus Biosciences

Locus Biosciences has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Tencent, Illumina and Hercules Capital. 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
Private investment firm focused on multiple sectors
Founded Year Domain Location
Early-stage startups are invested in by Artis Ventures.
Founded Year Domain Location
Venture debt financing is provided to companies in multiple sectors.
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 Locus Biosciences

Locus Biosciences has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include EpiBiome. 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
Small-molecule antibiotics are developed for agriculture and human health.
2013
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 - Locus Biosciences

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

Locus Biosciences Comparisons

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Competitors of Locus Biosciences

Locus Biosciences 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 Beam Therapeutics, Spero Therapeutics, eGenesis, Korro Bio and Editas Medicine, 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
Developer of gene therapy using CRISPR base editing to treat diseases
domain founded_year HQ Location
Therapeutics for drug-resistant bacterial infections are developed.
domain founded_year HQ Location
Gene transplantation platform for humanizing pig cells is developed.
domain founded_year HQ Location
RNA-editing technologies are provided for precision medicine applications.
domain founded_year HQ Location
Therapeutics for rare genetic diseases are developed using CRISPR technology.
domain founded_year HQ Location
Pleuromutilin antibiotics are developed for MDR infections.
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 Locus Biosciences

Frequently Asked Questions about Locus Biosciences

When was Locus Biosciences founded?

Locus Biosciences was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is Locus Biosciences located?

Locus Biosciences is headquartered in Raleigh, United States. It is registered at Raleigh, North Carolina, United States.

Is Locus Biosciences a funded company?

Locus Biosciences is a funded company, having raised a total of $67.33M across 12 funding rounds to date.

How many employees does Locus Biosciences have?

As of Dec 31, 2022, the latest employee count at Locus Biosciences is 74.

What does Locus Biosciences do?

Locus Biosciences was founded in 2015 and is headquartered in Raleigh, United States. Operations focus on the biotechnology sector, where a platform is utilized to design and deliver custom CRISPR-Cas systems targeting specific bacteria. Antimicrobials for infectious diseases are enabled through this approach, alongside therapeutics for inflammatory indications. Research and development activities are centered on advancing precision treatments in these areas.

Who are the top competitors of Locus Biosciences?

Locus Biosciences's top competitors include Spero Therapeutics, eGenesis and Melinta Therapeutics.

What products or services does Locus Biosciences offer?

Locus Biosciences offers LOCUS Platform and LBP-EC01.

How many acquisitions has Locus Biosciences made?

Locus Biosciences has made 1 acquisition, including EpiBiome.

Who are Locus Biosciences's investors?

Locus Biosciences has 9 investors. Key investors include Tencent, Illumina, Hercules Capital, HHS, and NCBiotech.

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