A lasso peptide named sphaericin was isolated from the ISP2 agar medium culture of the rare actinomycete species Planomonospora sphaerica. The analysis of the amino acid composition of sphaericin gave a total of 15 amino acid units (three units each of Gly, Ile, and Pro; one unit each of Arg, Glu, Leu, Phe, Ser, and Tyr). In addition to these amino acids, NMR spectroscopy experiments indicated the presence of three Trp units. The structure of sphaericin was determined to be a peptide comprising 18 amino acids, and an additional peptide bond between the amino group of Gly‐1 and the γ‐carboxyl group of Glu‐9 forms a macrolactam ring, as demonstrated by analyses of the TOF MS/MS and NMR spectra. The analysis of the solution three‐dimensional structural through NOE experiments revealed that sphaericin possesses a typical lasso structure. From the genome data, the biosynthetic gene cluster of sphaericin was determined to consist of four genes, namely sphA, sphB1, sphB2, and sphC. Sphaericin showed a specific antibacterial activity against Micrococcus luteus at a dosage of 50 µg/disk.