Skip to main content
Fermentation Solutions (FS)Press Releases

Locus Fermentation Solutions Announces $117 Million Financing

By April 5, 2023May 25th, 2023No Comments
  • Locus produces biological alternatives to chemicals that advance decarbonization and ESG goals
  • Latest financing brings the company’s total raise to $250 million

SOLON, Ohio (April 5, 2023)Locus Fermentation Solutions (Locus FS), a green tech company that produces biological alternatives to chemicals that advance decarbonization goals, has secured $117 million in IP-insurance backed debt financing arranged by Jefferies (NYSE: JEF)—bringing its total raise to over $250 million. The financing was driven by the value of Locus Fermentation Solutions’ intellectual property (IP) and library of more than 1,300 biomanufacturing technology patent filings.

Markel, Liberty Specialty Markets, CNA, Aspen and Fidelis all participated in a collateral insurance policy based on Locus FS’ IP, which was valued by global professional services firm Aon’s (NYSE: AON) industry-leading valuation capabilities.

Founded in 2013, Locus FS transforms biologicals made from 100% renewable agricultural resources into alternatives to chemicals that advance ESG goals, with better performance and cost metrics. The cleaner, more sustainable biological ingredients improve profitability and decarbonize the agriculture, energy, mining, industrial, CPG and other sectors.

Locus Fermentation Andrew Lefkowitz Biological Quote“The immediate need for solutions that reduce the global carbon footprint has never been more urgent; but production limitations, high costs and inconsistent performance have hindered implementation of biological alternatives,” said Andrew (Andy) Lefkowitz, chairman and CEO of Locus Fermentation Solutions. “Through scientific breakthroughs backed by intellectual property, strategic funding and corporate partnerships, we’re accelerating the pivotal role customized biologicals can play in advancing the decarbonization and ESG goals for our clients.”

The company’s success has led to investments and agreements with a variety of other strategic partners, including Dow and Anew Climate. Support and funding from these partnerships is accelerating commercial adoption of the company’s solutions, Lefkowitz said.

“Innovation is a critical ingredient for the growth economy, but intellectual property is its foundation,” said Lewis Lee, CEO of Aon’s Intellectual Property Solutions. “Aon is working with IP-rich companies like Locus Fermentation Solutions, particularly in the green tech space, to help leverage the potential value of their intangible assets to accelerate their ability to bring these important solutions to market.”

Locus Fermentation Andrew Lefkowitz Biological QuoteLocus FS has become an international leader in biobased solutions that are non-GMO, palm-free and low-carbon. The company’s biomanufacturing approach involves isolating and fermenting unique microorganisms and the biosurfactants that they produce.

The resulting biologicals are tailored for use across industries that are reliant on chemicals. They are designed to advance ESG goals including:

  • Reducing greenhouse gas emissions
  • Improving food security
  • Accelerating clean-label product formulations
  • Slowing palm deforestation
  • Driving the clean energy transition

Locus FS is actively advancing 11 of the 17 United Nations’ Sustainable Development goals, and helping clients meet their net-zero commitments across sectors. With eleven offices in five states, the company employs more than 160 people. For more information, visit


About Locus Fermentation Solutions

Locus Fermentation Solutions (Locus FS) uses patented biomanufacturing technology to deliver biological alternatives to chemicals that accelerate the profitable meeting of decarbonization goals for clients. These solutions are tailored to address global ESG challenges—including climate change, food security, product sustainability, water contamination, oil and mineral demand, and more. Once field proven, the biobased ingredients are commercialized through industry-specific operating divisions.

Locus Fermentation Solutions’ divisions include Locus Agriculture, which helps farmers grow more food and minimize greenhouse emissions; Locus Animal Nutrition, which reduces methane emissions while boosting productivity of livestock; Locus Bio-Energy, which works with oil & gas operators to sustainably increase production of low-carbon fossil fuels; Locus Mining, which accelerates the clean-energy transition by boosting recovery of critical metals; Locus Ingredients, which helps clients replace chemical and palm-based surfactants in industrial and product formulations; and Locus Consumer Brands, which develops clean-label CPG products. Visit for more information.

Safe Harbor Statement

This communication contains certain statements related to future results, or states Aon’s intentions, beliefs and expectations or predictions for the future which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from either historical or anticipated results depending on a variety of factors. These forward-looking statements include information about possible or assumed future performance and results of Aon’s operations. All statements other than statements of historical facts that address activities, events or developments that Aon expects or anticipates may occur in the future, including such things as its outlook, business strategies, competitive strengths, goals, the benefits of new initiatives, growth of its business and operations, plans, references to future successes, are forward-looking statements. Also, when Aon uses the words such as “anticipate”, “believe”, “estimate”, “expect”, “intend”, “plan”, “probably”, “potential”, “looking forward”, or similar expressions, it is making forward-looking statements.
Any or all of Aon’s forward-looking statements may turn out to be inaccurate, and there are no guarantees about Aon’s performance. Aon and its subsidiaries operate in a dynamic business environment in which new risks may emerge frequently. Accordingly, you should not place undue reliance on forward-looking statements, which speak only as of the dates on which they are made. In addition, results for prior periods are not necessarily indicative of results that may be expected for any future period. Further information concerning Aon and its businesses, including factors that potentially could materially affect Aon’s financial results, is contained in Aon’s filings with the Securities and Exchange Commission (the “SEC”). See Aon’s Annual Report on Form 10-K for the year ended December 31, 2022, for a further discussion of these and other risks and uncertainties applicable to Aon and its businesses. These factors may be revised or supplemented in subsequent reports filed with the SEC. Aon is not under, and expressly disclaims, any obligation to update or alter any forward-looking statement that it may make from time to time, whether as a result of new information, future events or otherwise. Aon is not responsible for information contained in this communication relating to any borrower or potential borrower, including statements regarding a borrower’s operations, products or services.