Metselex, Incorporated

Minneapolis, MN · Biotech · Private

Synthetic metabolic pathway engineered in yeast to produce ursodeoxycholic acid (UDCA) and derivatives

Grants
$3.8M
5 awards
Sector median: 1
Raised
—
No Form D on record
Contracts
—
No federal contracts on record
Patents
—
No published records under this name
Sector median: 2

Capital Timeline

Federal above the line · equity below · node area scaled to amount
Capital and federal award history
DateEventSourceAmount
Federal grantDepartment of Health and Human Services · Phase I · Microbial Synthesis of Therapeutic Bile Acids$450,234
Federal grantDepartment of Health and Human Services · Phase I · Microbial Synthesis of Therapeutic Bile Acids$450,234
Federal grantDepartment of Health and Human Services · Phase II · Microbial Synthesis of Therapeutic Bile Acids for Alzheimer's Disease$1,344,236
Federal grantDepartment of Health and Human Services · Phase II · Microbial Synthesis of Therapeutic Bile Acids for Alzheimer's Disease$1,280,101
Federal grantDepartment of Health and Human Services · Phase II · Microbial Synthesis of Therapeutic Bile Acids for Alzheimer's Disease$283,246
Federal grant · SBIR/STTR

Peer position

Biotech · 4373 companies · ranked on federal contract value
Biotech companies ranked by federal contract value
#CompanyContractsDisclosed equity
2514Somite AI——
2515Alligator Bioscience AB (publ)—$10M
2516Prosetta Biosciences Inc.—$31M
2517Metselex, Incorporated——
2518Radionetics Oncology—$54M
2519SIVEC BIOTECHNOLOGIES, INC.—$3.3M
2520MOUNTAIN VALLEY MD INC.—$18M

Ranked on federal contract value rather than capital raised. The equity column is the comparison worth making — companies at the same procurement position often sit at very different points in their funding history.

Regulatory activity · Biotech

Sector-level, not company-level

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.