Locanabio Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Private

  • Employees
  • 64

Employees

  • Latest Deal Type
  • Later Stage VC

  • Investors
  • 14

Locanabio General Information

Description

Developer of ribonucleic acid-targeting gene therapy platform designed for modifying disease-causing RNA for patients with rare genetic neuromuscular and neurodegenerative diseases. The company's platform uses gene therapy to target and correct disease-causing RNA and identifies multiple sequences of interest within the transcript and program targeting sequences, thereby helping medical practitioners to optimize and advance therapeutic candidates that are distinct from deoxyribonucleic acid-targeted approaches and nucleic acid-based ribonucleic acid targeting.

Contact Information

Formerly Known As
Locana
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 3545 John Hopkins Court
  • Suite 200
  • San Diego, CA 92121
  • United States
+1 (858)
Primary Industry
Other Healthcare Technology Systems
Other Industries
Biotechnology
Drug Delivery
Vertical(s)
Corporate Office
  • 3545 John Hopkins Court
  • Suite 200
  • San Diego, CA 92121
  • United States
+1 (858)

Locanabio Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Locanabio Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Later Stage VC 12-May-2023 Completed Pre-Clinical Trials
7. Early Stage VC (Series B) 14-Dec-2020 Completed Pre-Clinical Trials
6. Grant 12-Jun-2019 Completed Pre-Clinical Trials
5. Early Stage VC (Series A) 22-May-2019 Completed Pre-Clinical Trials
4. Accelerator/Incubator 16-Oct-2017 Completed Startup
3. Seed Round 06-Oct-2017 Completed Startup
2. Grant 07-Jun-2016 $15K Completed Startup
1. University Spin-Out 01-Jan-2016 Completed Startup
To view Locanabio’s complete valuation and funding history, request access »

Locanabio Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate ($) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series B
Series A
Seed 4,198,152 $0.000100 $0.08 $0.95 $0.95 1x $0.95 5.71%
To view Locanabio’s complete cap table history, request access »

Locanabio Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of ribonucleic acid-targeting gene therapy platform designed for modifying disease-causing RNA for patients wi
Other Healthcare Technology Systems
San Diego, CA
64 As of 2023

Boston, MA
 

Pittsburgh, PA
 
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Locanabio Competitors (23)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
PepGen Formerly VC-backed Boston, MA
NeuBase Therapeutics Formerly VC-backed Pittsburgh, PA
WaVe Life Sciences Formerly VC-backed Cambridge, MA
Voyager Therapeutics Corporation Cambridge, MA
Fluxion (Diagnostic Equipment) Formerly VC-backed Alameda, CA
You’re viewing 5 of 23 competitors. Get the full list »

Locanabio Patents

Locanabio Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20230279397-A1 Compositions and methods comprising engineered short nuclear rna (snrna) Pending 04-Mar-2022
US-20240018521-A1 Compositions and methods comprising engineered short nuclear rna (snrna) Active 04-Mar-2022
US-12037588-B2 Compositions and methods comprising engineered short nuclear rna (snrna) Active 04-Mar-2022
AU-2023228712-A1 Compositions and methods comprising engineered small nuclear rna (snrna) Pending 04-Mar-2022
CA-3216419-A1 Tissue-targeted modified aav capsids and methods of use thereof Pending 23-Apr-2021 A61K48/0058
To view Locanabio’s complete patent history, request access »

Locanabio Executive Team (12)

Name Title Board Seat
Kat Lange Chief Financial Officer
Edward Conner MD Chairman of Scientific Advisory Board
You’re viewing 2 of 12 executive team members. Get the full list »

Locanabio Board Members (8)

Name Representing Role Since
Edward Conner MD Self Chairman of Scientific Advisory Board
Jean George Lightstone Ventures Board Member
Jeffrey Ostrove Ph.D Self Board Member
Rajul Jain MD Vida Ventures (Boston) Board Member
Thomas Daniel MD ARCH Venture Partners Chairman
You’re viewing 5 of 8 board members. Get the full list »

Locanabio Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Locanabio Investors (14)

Investor Name Investor Type Holding Investor Since Participating Rounds
CureDuchenne Ventures Corporate Venture Capital Minority
Acuta Capital Partners Hedge Fund Minority
Leerink Partners Investment Bank Minority
RA Capital Management Venture Capital Minority
The Invus Group PE/Buyout Minority
You’re viewing 5 of 14 investors. Get the full list »

Locanabio FAQs

  • When was Locanabio founded?

    Locanabio was founded in 2016.

  • Who is the founder of Locanabio?

    Richard Schneeberger Ph.D, David Nelles Ph.D, and Eugene Yeo Ph.D are the founders of Locanabio.

  • Where is Locanabio headquartered?

    Locanabio is headquartered in San Diego, CA.

  • What is the size of Locanabio?

    Locanabio has 64 total employees.

  • What industry is Locanabio in?

    Locanabio’s primary industry is Other Healthcare Technology Systems.

  • Is Locanabio a private or public company?

    Locanabio is a Private company.

  • What is Locanabio’s current revenue?

    The current revenue for Locanabio is .

  • How much funding has Locanabio raised over time?

    Locanabio has raised $159M.

  • Who are Locanabio’s investors?

    CureDuchenne Ventures, Acuta Capital Partners, Leerink Partners, RA Capital Management, and The Invus Group are 5 of 14 investors who have invested in Locanabio.

  • Who are Locanabio’s competitors?

    PepGen, NeuBase Therapeutics, WaVe Life Sciences, Voyager Therapeutics, and Fluxion (Diagnostic Equipment) are some of the 23 competitors of Locanabio.

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