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LifeMine Therapeutics

LifeMine Therapeutics

A therapeutics company founded in 2016 working in drug discovery and development using fungi. LifeMine uses genomics approaches to search for biosynthetic genes in eukaryotic microbes for the discovery of naturally inspired drugs to treat previously untreatable and significant chronic diseases.

OverviewStructured DataIssuesContributors

Contents

lifeminetx.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Drug discovery
Drug discovery
Therapeutics
Therapeutics
Artificial Intelligence (AI)
Artificial Intelligence (AI)
Machine learning
Machine learning
Software development
Software development
Biomedical engineering
Biomedical engineering
...
Location
United States
United States
Cambridge, Massachusetts
Cambridge, Massachusetts
0
Gloucester, Massachusetts
Gloucester, Massachusetts
0
B2X
B2B
B2B
CEO
‌
Greg Verdine
0
Founder
‌
WeiQing Zhou
0
‌
Greg Verdine
0
‌
Richard Klausner
0
AngelList URL
angel.co/company/li...herapeutics
Pitchbook URL
pitchbook.com/profiles...167038-57
Date Incorporated
2016
Number of Employees (Ranges)
51 – 2000
Email Address
media@lifeminetx.com
Phone Number
+16176655000
Full Address
417 Main St, 2nd Floor Gloucester, MA 019300
Cambridge Discovery Park 30 Acorn Park Drive Cambridge, MA 021400
Investors
Google Ventures
Google Ventures
‌
Milky Way Investments
Rick Klausner
Rick Klausner
Blue Pool Capital
Blue Pool Capital
Merck Global Health Innovation Fund
Merck Global Health Innovation Fund
Invus
Invus
MRL Ventures
MRL Ventures
Fidelity Investments
Fidelity Investments
...
Founded Date
2017
0
Total Funding Amount (USD)
280,000,000
Latest Funding Round Date
March 23, 2022
Glassdoor ID
1727832
Board of Directors
‌
Gregory Verdine
0
Edward Hu
Edward Hu
0
Krishna Yeshwant
Krishna Yeshwant
0
‌
Richard Klausner
0
Latest Funding Type
Series C
Series C
Patents Assigned (Count)
1
COO
‌
WeiQing Zhou
0
Wellfound ID
lifemine-therapeutics
Country
United States
United States
0
Headquarters
Cambridge, Massachusetts
Cambridge, Massachusetts
0

Other attributes

Company Operating Status
Active
Latest Funding Round Amount (USD)
175,000,000

LifeMine operates in Cambridge and Manhattan, New York and was founded in 2016 by Greg Verdine. LifeMine as of 2017 was the first company to massively scale the genomic discovery of new drugs from eukaryotic microbes by using genomics, artificial intelligence and synthetic biology in combination. According to co-founder and CEO Gregory Verdine, the fungal biosphere holds promise for medical treatments in bioactive small molecules that engage human targets but the process of discovery has been time-consuming. LifeMine’s discovery engine is accelerating the discovery process.

Verdine is Erving Professor at Harvard University and Harvard Medical School, a chemical biologist, and founded several biotech companies including FogPharma, Variagenics, Enanta, Eleven Bio, Tokai, Wave Life Sciences, Aileron and Gloucester Pharmaceuticals which was acquired by Celgene.

Funding
Series A

On September 18, 2017 LifeMine Therapeutics completed their series A funding round with $55 million in funding from WuXi Healthcare Ventures (lead investor), Merck & Co., Inc., GV, Foresite Capital, Boyu Capital, Blue Pool Capital, Alexandria Venture Investments, and ARCH Venture Partners.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

LifeMine Therapeutics combines AI, drug discovery & microbes with $55m launch

Sarah Faulkner

https://www.drugdeliverybusiness.com/lifemine-therapeutics-combines-ai-drug-discovery-microbes-55m-launch/

Web

VentureRadar | VentureRadar

https://www.ventureradar.com/organisation/LifeMine%20Therapeutics/80f810cf-6f00-47cf-8021-3b86ea4fa833

Web

References

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