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Cradle raised €69.5 million in a Series B funding round led by IVP to develop its AI-powered protein engineering platform.

PRIVATENov 26, 2024

Amount Raised

€69.5 Million

Round Type

Series B

AmsterdamBiotechnologySoftwareArtificial IntelligenceMachine Learning

Investors

Index VenturesKindred CapitalIVP

Description

Cradle, a Swiss platform for AI-driven protein engineering, has secured €69.5 million in a Series B round led by IVP, alongside previous investors Index Ventures and Kindred Capital. This funding will help scale operations and accelerate the adoption of its generative AI technology for protein research.

Quick answer

Cradle raised €69.5 Million in a Series B round, dated November 26, 2024. Investors: Index Ventures, Kindred Capital and IVP. Cradle is based in Amsterdam, North Holland, Netherlands.

How much did Cradle raise?
Cradle raised €69.5 Million in a Series B round on November 26, 2024.
Who invested in Cradle?
Index Ventures, Kindred Capital and IVP are named as investors in this round.
What does Cradle do?
Cradle believes Cells can theoretically produce almost anything, from fabrics to food, fuel and medicines.
Where is Cradle based and how big is it?
Cradle is based in Amsterdam, North Holland, Netherlands.
Who are the decision-makers at Cradle?
Fundz holds 1 contact at Cradle. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology and Software around the same time

Companies in the same sectors as Cradle that raised within 45 days of this round, from Fundz verified event records.

  • Nexstem raised $3.5M (Seed) on November 7, 2024.
  • Pharos raised $5M (Seed) on October 25, 2024.
  • Quash raised $635K (Pre-Seed) on January 10, 2025.
  • Gumloop raised $25M (Series A) on January 10, 2025.
  • DDN raised $300M (Private Equity) on January 9, 2025.
  • Verses Technologies raised $9.8M on January 9, 2025.

Who to call at Cradle, and when

A new round usually means Cradle is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Cradle

Location

Amsterdam, North Holland, Netherlands

About

Cradle believes Cells can theoretically produce almost anything, from fabrics to food, fuel and medicines. Designing cell-factories is hard, but our tools and machine-learning models can make it easier. Our mission is to ultimately help replace traditional farms and factories for a more sustainable world.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Cradle raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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