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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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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

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

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.