Protera Announces Final Close Of Its $10M Series A Led By Sofinnova Partners
Jul 28, 2021
Amount Raised
$10 Million
Round Type
Series A
Santiago
Description
Protera, an AI-driven startup designing and developing new proteins to enable a wide range of natural and sustainable solutions, today announced the final close of its Series A financing, at $10 million. The round was led by Sofinnova Partners, a leading European life sciences venture capital firm specialized in healthcare and sustainability. Mexico’s Bimbo Group, the world’s largest baked goods producer, joined the financing round with ICL Group’s food and agtech startup accelerator, ICL Planet.
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Company Information
Company
Protera
Location
Santiago, Santiago Metropolitan Region, Chile
About
Protera is advancing the science of protein engineering to address some of the most critical problems and opportunities in food, agriculture, the environment and human health. We streamline protein design and development with madi™, our proprietary deep learning algorithm, to predict high value protein products and enzymes with unprecedented speed. http://proterabio.com
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