# Cibus Global

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cibus-global

- Industry: Biotechnology
- Headquarters: San Diego, US
- Website: www.cibus.com
- Total disclosed funding: $70M
- Latest round: Series C (Jun 26, 2018)
- Investors on record: 3

## About

Cibus Global, Ltd. is a biotechnology company focused on enhancing agricultural sustainability through advanced gene-editing technologies, offering innovative solutions to improve crop productivity and reduce environmental impact.Founded in 2001 in San Diego, US, Cibus Global, Ltd. specializes in non-transgenic gene-editing methods for agriculture. The company has successfully completed 11 deals, with its most recent funding round on June 1, 2023, raising USD 118.5 mn from investors including Fidelity Investments and New Ventures. CEO Peter Beetham leads the company, which was initially founded by Iain Emerson.Cibus specializes in advanced gene-editing technologies aimed at enhancing agricultural sustainability through non-transgenic methods. The company develops productivity traits and sustainable ingredients that improve crop yields while minimizing reliance on chemical inputs. Utilizing proprietary RTDS technology, Cibus targets a plant's natural gene-editing processes without introducing foreign DNA, catering to farmers and corporations focused on sustainability. Their products are primarily marketed in North America, with future expansions anticipated into global agricultural markets.In the most recent year, Cibus reported revenues of USD 2.69 mn and an EBITDA of USD -27.98 mn. The company's revenue is generated through partnerships and B2B transactions with agricultural stakeholders, providing innovative solutions designed to enhance product offerings and crop performance, aligning pricing with the value delivered through sustainable practices.Cibus plans to leverage the USD 118.5 mn raised in June 2023 to enhance its product pipeline and expand into new markets. The company is currently developing new products aimed at improving agricultural sustainability to be launched in the coming years. Targeted expansion includes markets beyond North America, although specific regions and timelines have not been disclosed. The funding will support product development and market entry strategies to broaden their impact in the agricultural sector.

## Funding rounds

- Series C, Jun 26, 2018, $70M — Alexandria Venture Investments, Fidelity Investments, Cormorant Asset Management

## Investors

- Alexandria Venture Investments (https://capitalatlas.ai/funds/alexandria-venture-investments) — Series C
- Fidelity Investments (https://capitalatlas.ai/funds/fidelity-investments) — Series C
- Cormorant Asset Management (https://capitalatlas.ai/funds/cormorant-asset-management) — Series C
