Locate Bio

Locate Bio

Is this your company? Claim your profile to update info and connect with investors.
Claim profile

Private Company

Total funding raised: $15.7M

Overview

Locate Bio is an innovative private biotech company building a diversified orthobiologics portfolio, with its lead candidate, LDGraft™, currently in clinical trials for spinal fusion. The company's strategy centers on developing biomimetic recombinant human BMP-2 (rhBMP-2) products and synthetic calcium phosphate scaffolds to dominate specific market segments in orthopedics and spine surgery. With a seasoned leadership team and an FDA Breakthrough Device designation for its lead program, Locate Bio is positioning itself as a future leader in the regenerative medicine space for musculoskeletal conditions.

OrthopedicsSpine Surgery

Technology Platform

Industry-leading drug delivery and tissue scaffold capabilities focused on biomimetic presentation of rhBMP-2 and synthetic calcium phosphate materials with instructive geometric clues for bone regeneration.

Funding History

2
Total raised:$15.7M
Series A$12.5M
Seed$3.2M

Opportunities

The large and growing global spinal fusion market presents a significant opportunity for a next-generation rhBMP-2 product with improved safety and efficacy profiles.
FDA Breakthrough Device designation can accelerate regulatory review and serve as a key differentiator for partnerships and investment.

Risk Factors

The company faces clinical trial risk, regulatory approval risk, and intense competition from large, established medical device companies in the orthobiologics space.
As a pre-revenue private company, it is also dependent on securing sufficient funding to reach commercialization.

Competitive Landscape

Locate Bio competes in the orthobiologics and spinal fusion market against major players like Medtronic (INFUSE® Bone Graft), Stryker, Johnson & Johnson (DePuy Synthes), and SeaSpine, as well as numerous bone graft substitute and allograft companies. Its strategy is to differentiate through biomimetic technology and improved product performance.