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Protera

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Creating a Protein-based Economy powered by Artificial Intelligence and Precision Fermentation

Neuilly-sur-Seine, FranceFounded 2016Food
Valuation $25–50M Last recorded · 2021
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Protera

Protera is a biotechnology firm specializing in protein engineering to develop sustainable, clean-label ingredients for the food industry. The company was founded in Chile in 2015 by Leonardo Álvarez (CEO) and Francia Navarrete (COO). In 2016, the enterprise joined IndieBio, a Silicon Valley-based biology accelerator, which marked a significant milestone in its early development.

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The company's core technology is madi™, a proprietary deep learning algorithm. This platform analyzes vast databases of amino acid combinations to predict and design proteins with specific functionalities, such as preservation or texture improvement. By using artificial intelligence, Protera can significantly accelerate the protein design and development process, moving from concept to a functional product with notable speed. The final products are created through precision fermentation, a process similar to brewing, which allows for scalable and sustainable manufacturing.

Protera operates on a business-to-business (B2B) model, providing its engineered proteins as ingredients to food manufacturers. This allows its clients, which include major players like the Bimbo Group, to replace chemical additives and other less desirable components with natural, protein-based alternatives. The firm has established strategic partnerships with key industry names, including ICL Group, to co-develop and commercialize its ingredients. A prominent product in their portfolio is protera guard™, a natural protein that extends the shelf-life of food products by inhibiting mold, designed to replace artificial preservatives. The company has secured significant funding, including a $10 million Series A round, to scale up manufacturing and commercialization efforts.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2016
Headquarters
Neuilly-sur-Seine, France
Employees
14
Open positions
None listed
Dealroom signal
61.3/100
Sub-industry
AgriTech, Innovative Food
Sector
Food, Biotechnology, Core AI, Synthetic Biology, Alternative Protein, Sustainable Development Goals, Fermentation
Technology
Artificial Intelligence, Deep Tech, Machine Learning, Deep Learning
Business model
Manufacturing
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Jul 2021 $10M $40M Sofinnova Partners · ICL · Grupo Bimbo ↗
SERIES A✓Equity / VC Apr 2021 — — SOSV —
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearProfitMargin
2026 —
2025 —
2024 —
2023 —
2022 —
2021 —
2020 —
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Growth signals

Protera website traffic

Latest recorded traffic for Protera is 3.4K monthly website visits, up 1316.7% over the last three months. Protera's team declined 30% over the past year.

Latest monthly visits3.4K 3-month web change+1316.7% 1-year team growth-30%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Indie Bio

Series A4 investors entered at this stage

Other known investors1 additional known investor

  • EIT Food
Team profiled 9 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇨🇱 Chile37.5%
🇫🇷 France37.5%
🇩🇰 Denmark12.5%
🇨🇭 Switzerland12.5%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Protera on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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