Locus Fermentation has raised $117M to tackle climate change through alternative chemical solutions.
The company has so far raised $250M.
- Locus Fermentation uses biotech innovation to offer sustainable alternatives in verticals such as:
- Wellness — by helping create personal care and wellness products with non-steroid, medical-grade skincare.
- Mining — by boosting the recovery of insoluble metals by up to 90%.
- Farming — by reducing livestock emissions, etc.
- The company has over 1,300 biomanufacturing technology patent filings.
- This funding round is structured as IP-backed debt.
- The company was founded in 2014.
- Locus is based in Solon, Ohio.