# Lygos

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lygos

- Industry: Chemicals
- Headquarters: Berkeley, US
- Website: www.lygos.com
- Total disclosed funding: $41M
- Latest round: Series B (Nov 9, 2018)
- Investors on record: 10

## About

Lygos, Inc. is a biotechnology company that specializes in developing sustainable specialty chemicals, focusing on biodegradable polymers to enhance various consumer products.Founded in 2011 in Berkeley, US, Lygos, Inc. is dedicated to creating sustainable chemical solutions. The company has undergone strategic growth, culminating in a successful GROWTH funding round in April 2022, raising USD 160.00 mn. CEO Eric Steen and co-founders Jason Poulos and Jeffrey Dietrich lead the firm.Lygos, Inc. specializes in sustainable specialty chemicals, particularly biodegradable polymers. The flagship product, Soltellus™, is a multifunctional, water-soluble polymer that enhances the performance of applications like laundry detergents and household cleaners. The company provides solutions across multiple sectors, including Home Care and Agronomy, serving clients mainly in North America and Europe.Lygos operates on a B2B transaction model, generating revenue through strategic partnerships and distribution agreements. The company’s sales focus on proprietary products like Soltellus™, which improve performance in cleaning and agricultural formulations. Revenue streams are supported by long-term partnerships in the household, industrial, and institutional markets.In April 2022, Lygos, Inc. raised USD 160.00 mn in growth funding to support the development of new products and expand into new markets. The company plans to target additional regions in North America and Europe, enhancing its product offerings to meet the growing demand for sustainable solutions.

## Funding rounds

- Series B, Nov 9, 2018, $11M — CJ Group, LG Technology Ventures
- Series B, Mar 13, 2018, $16M — First Round Capital, IA Ventures, Y Combinator, Awaken Capital
- Series A, Jul 12, 2017, $0.6M — First Round Capital, IA Ventures, Vast Ventures, Awaken Capital
- Series A, Oct 31, 2016, $13M — First Round Capital, IA Ventures, Y Combinator, Vast Ventures, Awaken Capital, Fifty Years
- Seed, Nov 1, 2015, $0.1M — Y Combinator, FundersClub, Brainchild Holdings, Fifty Years

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed, Series A, Series B
- FundersClub (https://capitalatlas.ai/funds/fundersclub) — Seed
- Brainchild Holdings (https://capitalatlas.ai/funds/brainchild-holdings) — Seed
- Fifty Years (https://capitalatlas.ai/funds/fifty-years) — Seed, Series A
- First Round Capital (https://capitalatlas.ai/funds/first-round-capital) — Series A, Series B
- IA Ventures (https://capitalatlas.ai/funds/ia-ventures) — Series A, Series B
- Vast Ventures (https://capitalatlas.ai/funds/vast-ventures) — Series A
- Awaken Capital (https://capitalatlas.ai/funds/awaken-capital) — Series A, Series B
- CJ Group — Series B
- LG Technology Ventures (https://capitalatlas.ai/funds/lg-technology-ventures) — Series B