Profluent secured $35M in additional funding led by Spark Capital to scale foundational AI models for biomedicine and tackle gene editing.
Amount Raised
$35 Million
Round Type
Funding Round
BerkeleyBiotechnologyArtificial IntelligenceMachine LearningInvestors
Description
Profluent, an AI-first protein design company, announced the close of additional funding totaling $44M, with a $35M financing round led by Spark Capital and participation from existing investors Insight Partners and Air Street Capital, along with a syndicate of angel investors from OpenAI, Salesforce, Octant Bio, and Google including Jeff Dean, Chief Scientist of Google DeepMind. This additional funding will enable the company to advance its proprietary LLMs and datasets, wet lab capabilities, and CRISPR gene editing.
Quick answer
Profluent raised $35 Million in a Funding Round round, dated March 21, 2024. Investors: Convergent Ventures, AIX Ventures, Google, Octant Bio, Salesforce, OpenAI, Air Street Capital and Insight Partners. Profluent is based in Berkeley, California, United States.
- How much did Profluent raise?
- Profluent raised $35 Million in a Funding Round round on March 21, 2024.
- Who invested in Profluent?
- Convergent Ventures, AIX Ventures, Google, Octant Bio, Salesforce, OpenAI, Air Street Capital and Insight Partners are named as investors in this round.
- What does Profluent do?
- Profluent is an AI-first protein design company.
- Where is Profluent based and how big is it?
- Profluent is based in Berkeley, California, United States.
- Who are the decision-makers at Profluent?
- Fundz holds 4 contacts at Profluent, including the Director of Business Development. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Biotechnology and Artificial Intelligence around the same time
Companies in the same sectors as Profluent that raised within 45 days of this round, from Fundz verified event records.
- Yoneda Labs raised $4M (Seed) on April 26, 2024.
- Xaira Therapeutics raised $1B (Funding Round) on April 25, 2024.
- NobleAI raised $10M (Series A) on April 2, 2024.
- Corvex Legacy Holdings raised $24M on April 2, 2024.
- Corvex Legacy Holdings raised $24M (Seed) on April 2, 2024.
- Manifest Technologies raised an undisclosed amount (Funding Round) on March 28, 2024.
Who to call at Profluent, and when
A new round usually means Profluent is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Profluent raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Profluent, from your own LinkedIn network
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Related People
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