Diligence memo · auto-generated · as of July 1, 2026
Calysta, Inc.
Calysta, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Calysta, Inc. operates in Biotechnology, based in Menlo Park.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Calysta, Inc. has raised $50M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $45M on 2019-06-10.
Most recent recorded round closed around 2019-06-10.
Valuation (modeled)modeled
Provath models Calysta, Inc. at approximately $1.9B (range $140M–$4.9B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.95× the median modeled value of Series C Biotechnology companies in 2019–2021 (120 peers) — value vs value, same stage and era. Within the normal band (95% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 97 months.
Last raise 7.1 yr ago; this sector typically re-raises about every 14 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 9.0× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 82% of Biotechnology peers (4291 compared).
Modeled value ranks above 94% of those peers.
Closest niche peers: Stem Biotech LLC, Kinnate Biopharma Inc., Arcutis Biotherapeutics, Inc., DNA Research INST LLC, M3 Biotechnology, Inc..
Peoplefiled
10 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.