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Liebelson is a family office in the United States that invests in Series A ventures. In February 2019, it co-invested in Sustainable Bioproducts, a Chicago, IL-based biotech startup developing innovative food technology along with Breakthrough Energy Ventures, ADM Ventures, Archer Daniels Midland Company (NYSE: ADM), Danone Manifesto Ventures, and Lauder Partners. The total investment was $33M for Series A financing. Sustainable Bioproducts is a biotechnology company developing a new way to grow edible protein. The company’s technology emerged out of fundamental research into extremophile organisms that live in Yellowstone National Park’s volcanic springs. That work led to the development of an innovative fermentation technology, which can grow protein with great nutritional value and minimal impact on the environment.