# Protealis NV

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/protealis

- Industry: Agribusiness
- Headquarters: Ghent, Belgium
- Website: www.protealis.com
- Total disclosed funding: $20M
- Latest round: Series B (Jan 22, 2024)
- Investors on record: 12

## About

Based in Ghent, Belgium, and founded in 2021, Protealis NV is a spin-off of VIB and ILVO and operates as a company that focuses on the development of seeds and seed technologies for legume crops. In December 2025, Protealis NV raised an undisclosed amount of grant funding from returning investor Agentschap Innoveren & Ondernemen. As of April 2023, the company is led by its CEO, Benjamin Laga. 

Protealis offers two soybean varieties in its product lineup: Artemis, an early maturing soybean variety that allows farmers and processors to reap the benefits of harvesting before severe weather arrives for subsequent crops; Hermes is another early maturing soybean variety that provides stability in yield across different years and locations. Additionally, the company engaged in conducting microbial research on seed coatings, incorporating proprietary yield-enhancing soil bacteria. 


The company will use the December 2025 funding to support its product innovation and scale its MagNfix soybean seed coating technology.

## Funding rounds

- Series B, Jan 22, 2024, $11M — K.U. Leuven Research & Development, Korys, PMV, VIB, Agri Investment Fund, V-Bio Ventures, Globachem NV, Innovation Industries, Estari, Thia Ventures, H.F.T. Holding B.V., IVA ILVO
- Series A, Sep 7, 2021, $4.4M — Korys, PMV, V-Bio Ventures, Innovation Industries, Estari, Thia Ventures, H.F.T. Holding B.V.
- Series A, Mar 23, 2021, $4.7M — K.U. Leuven Research & Development, PMV, VIB, Agri Investment Fund, V-Bio Ventures, Globachem NV, Estari

## Investors

- K.U. Leuven Research & Development (https://capitalatlas.ai/funds/k-u-leuven-research-development) — Series A, Series B
- PMV (https://capitalatlas.ai/funds/pmv) — Series A, Series B
- VIB — Series A, Series B
- Agri Investment Fund (https://capitalatlas.ai/funds/agri-investment-fund) — Series A, Series B
- V-Bio Ventures (https://capitalatlas.ai/funds/v-bio-ventures) — Series A, Series B
- Globachem NV — Series A, Series B
- Estari (https://capitalatlas.ai/funds/estari) — Series A, Series B
- Korys (https://capitalatlas.ai/funds/korys) — Series A, Series B
- Innovation Industries (https://capitalatlas.ai/funds/innovation-industries) — Series A, Series B
- Thia Ventures (https://capitalatlas.ai/funds/thia-ventures) — Series A, Series B
- H.F.T. Holding B.V. — Series A, Series B
- IVA ILVO — Series B