Lodo Therapeutics

company

About

Lodo Therapeutics is a drug discovery and development company.

  • 1 - 10

Details

Last Funding Type
Series A
Last Funding Money Raised
$17M
Industries
Biotechnology,Health Care,Pharmaceutical
Founded date
Jan 1, 2016
Number Of Employee
1 - 10
Operating Status
Active

Lodo Therapeutics Corporation is a drug discovery and development company focused on the creation of naturally derived novel therapeutics that will have a dramatic impact human health on a global basis. Lodo seeks to work in partnership with global pharmaceutical companies and world leading Non-Governmental Organizations (NGO’s) to tackle some of the greatest challenges in human health: resistant infectious disease and cancers.

Lodo Therapeutics was created to pursue the scientific vision of Dr. Sean Brady at Rockefeller University. Dr. Brady and his laboratory have developed a genome-based, culture-independent platform for the discovery, biosynthesis, and characterization of small molecules from microbial sources present in soil samples. Lodo believes that the potential cures for a number of deadly and/or debilitating diseases literally lie at our feet. By combining the advancements in DNA sequencing and bioinformatics, this innovative discovery platform exploits the power of microbial evolution for the identification of therapeutically valuable pharmaceutical products derived from natural sources.

Lodo Therapeutics, an Accelerator Corporation-backed entity, is headquartered in New York City. The company’s lab and offices are located in the Alexandria Center for Life Science, New York City’s first and only premier life science park.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$17M
Lodo Therapeutics has raised a total of $17M in funding over 2 rounds. Their latest funding was raised on Jan 11, 2016 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 11, 2016 Series A $17M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Lodo Therapeutics is funded by 1 investors. ARCH Venture Partners are the most recent investors.
Investor Name Lead Investor Funding Round
ARCH Venture Partners Series A