FundedIQ
Biotechnology

Locus Biosciences: Funding, Investors & Team (Sep 2026)

Locus Biosciences is a company that has developed a precision antibacterial platform using CRISPR technology, with the aim of completely transforming how bacterial diseases are treated. By merging the potent antibacterial capabilities of CRISPR-Cas3 with the effective and safe delivery of bacteriophages (bacterial viruses), the platform allows doctors to initiate treatment faster, ultimately leading to improved medical results.

www.locus-bio.com LinkedIn Morrisville, United States 51-100 employees
Biopharma Biotechnology Therapeutics B2B
Total raised
$94.4M
Rounds
4
Latest
Undisclosed round
Jan 2024

Locus Biosciences has raised $94.4M across 4 funding rounds on record, the most recent an undisclosed round of $23.9M announced in Jan 2024.

That round is above the $8.0M median round size for Biotechnology companies tracked on FundedIQ over the last two years.

Locus Biosciences Company Profile and Key Stats

Total funding raised
$94.4M
across 4 rounds on record
Funding rounds on record
4
Latest funding round
Undisclosed round
$23.9M in Jan 2024
Employees
51-100
reported band
Headquarters
Morrisville, United States

Latest funding round on record: Jan 2024.

Locus Biosciences Funding Rounds

Date
Round
Amount
Undisclosed round
$23.9M
Series B
$35.0M
Undisclosed round
$10.5M
Debt Financing
$25.0M

Locus Biosciences raised $25.0M in a Debt Financing announced in Oct 2021.

4 months later, an undisclosed round of $10.5M was announced in Feb 2022.

3 months later, a Series B of $35.0M was announced in May 2022.

1.7 years later, an undisclosed round of $23.9M was announced in Jan 2024.

Locus Biosciences Founders and Leadership Team

Name
Role
Contact
Paul Garofolo
CEO
Locked

Contact details for the Locus Biosciences team: 1 of 1 has an email address on file.

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Locus Biosciences Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,179
$8.0M
29,722
$7.5M

Locus Biosciences' latest round of $23.9M is above the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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Locus Biosciences Funding FAQs

What does Locus Biosciences do?

Locus Biosciences is a company that has developed a precision antibacterial platform using CRISPR technology, with the aim of completely transforming how bacterial diseases are treated. By merging the potent antibacterial capabilities of CRISPR-Cas3 with the effective and safe delivery of bacteriophages (bacterial viruses), the platform allows doctors to initiate treatment faster, ultimately leading to improved medical results.

How much funding has Locus Biosciences raised?

Locus Biosciences has raised $94.4M across 4 rounds on record. The most recent is an undisclosed round of $23.9M announced in Jan 2024.

When did Locus Biosciences last raise funding?

Locus Biosciences' most recent funding round on record is an undisclosed round of $23.9M, announced in Jan 2024.

Who is the CEO of Locus Biosciences?

Paul Garofolo is listed as CEO at Locus Biosciences.

Where is Locus Biosciences headquartered?

Locus Biosciences is based in Morrisville, North Carolina, United States.

How many employees does Locus Biosciences have?

Locus Biosciences is in the 51-100 employee band.

How does Locus Biosciences' funding compare to other Biotechnology startups?

Locus Biosciences' latest round of $23.9M is above the $8.0M median round size for Biotechnology companies on FundedIQ across 4,179 tracked companies over the last two years.

About FundedIQ's Locus Biosciences Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Locus Biosciences is left off this page rather than filled in.

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