Companies · Biotech

Lygos, Inc.Winter 2016Active

BERKELEY · CA, USA · Biotech · refined from filed group “Other Technology · founded 2016 · http://www.lygos.com

Diligence memoA one-page analyst read on Lygos, Inc. — recommendation, valuation, rhythm, risks.
$41.7M
Total raised · real
4
Rounds
0.7×
Latest step-up
Top 4%
Sector rank · raised
Series B
Latest stage · inferred · Fri Nov 09 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

Lygos, Inc. has raised $42M over 4 rounds; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the biotech sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Dormant
  • Last raise 7.6 yr ago; this sector typically re-raises about every 11 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Biotech

Lygos, Inc. is one of 233 Biotech companies tracked from BERKELEY, CA, USA, on record since 2016. By capital raised it ranks among the largest (ahead of 97% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

Lygos engineers yeast to convert sugar into high-value industrial…

Founded in 2010, Lygos is providing biotechnology solutions for today’s renewable chemical challenges. They engineer microbes to convert sugars into high-value, industrial chemicals, targeting compounds where biological production is cost-advantaged over petrochemical production.

BiotechnologyClimateSynthetic Biologybiotechclimate/cleantech
Find Lygos, Inc. online

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
8
Investors (latest)
2018-11-09
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$250M$500M$750M$1.0BSeed · 2016-01-28 Raised $1.2M (real) Modeled valuation $52M (est)$1.2M$52MSeed2016Series A · 2016-10-31 Raised $14M (real) Modeled valuation $508M (est)$14M$508MSeries A2016Series A · 2016-10-31 Raised $13M (real) Modeled valuation $487M (est)$13M$487MSeries A2016Series B · 2018-03-13 Raised $16M (real) Modeled valuation $616M (est)$16M$616MSeries B2018Series B · 2018-11-09 Raised $11M (real) Modeled valuation $433M (est)$11M$433MSeries B2018+$14M+$13M+$16M+$11MCumulative $55M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$1.2M · 2016
Series A$14.1M · 2016
Series A extension$13.5M · 2016
Series B$15.5M · 2018
Series B extension$10.9M · 2018

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 75%.

Modeled valuation trajectory
$432.7M
Base estimate est.
$21.8M
Conservative case
$1.7B
Upside case
$60.6M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the biotech sector profile. Directional, not a quoted figure.

Seed · modeled $52.3M · 2016-01-282016Series A · modeled $508.4M · 2016-10-31Series A · modeled $486.7M · 2016-10-31Series B · modeled $615.6M · 2018-03-13Series B · modeled $432.7M · 2018-11-092018
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
54%
Survival probability
36% low · 66% high
1.54×/yr
Annual markup
1.86×/yr upside case
6.0 yr
Elapsed time used
7.6 yr actual, capped for stale marks
biotech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
8 mo
Avg between rounds
$15.0M/yr
Capital velocity
10.4 yr
On record since
2016
First round
5
Rounds on file
How it compares to the market

Benchmarked against 233 companies in Biotech. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 5.4× above median
This company$41.7M
Sector median$7.8M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.6× of median
This company$10.9M
Sector median$17.6M
Modeled value — vs sector median (estimate, all stages) 7.7× above median
This company$432.7M
Sector median$56.1M

Raised more than 97% of sector peers (real $). Modeled value above 98% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0B$10.0M$100.0MCapital raised (log)Arix Bioscience plc · Series B Raised $39.4M · modeled $850.9M (est)Yield10 Bioscience, Inc. · Series B Raised $27.3M · modeled $90.6M (est)Lygos, Inc. (this company) Raised $41.7M · modeled $432.7M (est)Lygos, Inc.
CompanyStageRaised · realValue · estvs peer med.
Arix Bioscience plcSeries B$39.4M$850.9M1.97×
Lygos, Inc. this companySeries B$41.7M$432.7M1.00×
Yield10 Bioscience, Inc.Series B$27.3M$90.6M0.21×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$1.2M2016-01-28$5.9M$52.3M85%
Series A$14.1M2016-10-31$63.9M$508.4M90%
Series A$13.5M2016-10-31$61.2M$486.7M90%
Series B$15.5M2018-03-13$86.2M$615.6M90%
Series B$10.9M2018-11-09$60.6M$432.7M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$1.2M2016-01-28
    • First recorded raise — entered as Seed.
    • 13 investors on this round.
  2. Series A$14.1M2016-10-31
    • Raised 9 mo later, in step with the ~11 mo sector norm.
    • Round 12.0× larger than the prior — scaling up.
    • 35 investors on this round.
  3. Series A$13.5M2016-10-31
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 34 investors on this round.
  4. Series B$15.5M2018-03-13
    • Raised again after 16 mo — slower than the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 31 investors on this round.
  5. Series B$10.9M2018-11-09
    • Raised 8 mo later, in step with the ~11 mo sector norm.
    • Round 1.4× smaller than the prior — bridge or down round.
    • 8 investors on this round.
Intelligence
2019 ~Q3
Modeled next raise · ~8mo cadence
$10.9M
Modeled next size est.range $10.9M$17.4M
0.7×
Last step-up
$15.0M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Brad Gillespie9 other2016-10
Jay Keasling1 other2016-10
Jeffrey Dietrich1 other2016-10
Eric D. Steen2016-01
Eric Steen2016-10
Jay D. Keasling2016-01
Jeffrey A. Dietrich2016-01
Leonard A. Katz2016-01
Registry & provenance

Lygos, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1518601
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Arix Bioscience plcBiotechSeries B$39.4M$850.9Msame sector · same stage
AgNovos Bioscience, Inc.BiotechSeries B$44.8M$119.7Msame sector · same stage
Trace Genomics, Inc.BiotechSeries B$45.3M$184.6Msame sector · same stage
Volta Labs, Inc.BiotechSeries B$37.7M$112.3Msame sector · same stage
Cyrus Biotechnology, Inc.BiotechSeries B$37.4M$5.2Msame sector · same stage
CRISPR Therapeutics AGBiotechSeries B$36.0M$39.7Msame sector · same stage
54Gene, Inc.BiotechSeries B$48.3M$598.4Msame sector · same stage
Watchmaker Genomics, Inc.BiotechSeries B$48.3M$712.8Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
LyGenesis Inc.BiotechnologySeries B$173.9M76%
Phygen, LLCBiotechnologySeed$88.8M76%
Ginkgo Bioworks
Our mission is to make biology easier to engineer.
76%
TAXA Biotechnologies
We enable cheaper, faster, and better genetic engineering of plants.…
Biotech76%
Ligo Biosciences
Enzyme design models.
Biotech75%
Glyphic Biotechnologies, Inc.BiotechnologySeries B$280.4M75%
BLUUMBIO
We make bacteria and plants that clean up pollution.
Biotech75%
Culture Biosciences Inc.
We grow cells for biotech companies.
BiotechnologySeries B$857.3M75%
Frequently asked
How much funding has Lygos, Inc. raised?
Lygos, Inc. has raised approximately $41.7M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Lygos, Inc.'s estimated valuation?
Provath's modeled valuation for Lygos, Inc. is approximately $432.7M (modeled range $21.8M–$1.7B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Lygos, Inc. at?
Lygos, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Fri Nov 09.
What does Lygos, Inc. do and where is it based?
Lygos, Inc. operates in the Biotech sector, based in BERKELEY, CA, USA. Lygos engineers yeast to convert sugar into high-value industrial…
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