# ProteanTecs

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

- Industry: Software
- Headquarters: Haifa, Israel
- Website: www.proteantecs.com
- Total disclosed funding: $131M
- Latest round: Series D (Sep 9, 2025)
- Investors on record: 15

## About

Based in Israel, ProteanTecs Ltd. operates as a technology company that develops advanced in-system monitoring solutions for electronic components, enabling enhanced health and performance reporting of microchips throughout their lifecycle.Founded in 2017 in Haifa, Israel, ProteanTecs Ltd. specializes in providing innovative monitoring solutions for electronic components. In September 2025, ProteanTecs Ltd. raised USD 51 million in series D funding led by nvestor IAG Capital Partners, with participation from other investors Samsung Strategy & Innovation Center, Arm Limited, and Siemens Fonds Invest. Returning investors Addition, Intel Capital, Koch Disruptive Technologies, MediaTek Ventures, Porsche Automobil Holding SE, and Zeev Ventures.  Shai Cohen serves as the CEO, leading a team of founders including Evelyn Landman, Eyal Fayneh, Roni Ashuri, Yahel David, and Yuval Bonen. ProteanTecs specializes in providing an innovative in-system self-monitoring solution for electronic components, particularly microchips. Their core offerings leverage machine learning to enable electronics to autonomously report on their health and performance throughout their lifecycle, from design to field operation. By employing on-chip agents, known as Monitoring IPs, the company generates novel data that facilitates actionable insights regarding the performance, quality, and reliability of electronic devices. This technology addresses critical challenges faced by electronics manufacturers and service providers, particularly in environments that require high reliability and efficiency, such as automotive, consumer electronics, and telecommunications sectors. ProteanTecs serves a global client base that includes leading semiconductor manufacturers and electronics companies across North America, Europe, and Asia, enhancing their competitive positioning by providing continuous visibility and insights during both production and operation.The revenue model for ProteanTecs primarily revolves around providing enterprise-level solutions through a subscription-based framework. Customers engage in partnerships to integrate the monitoring technology into their manufacturing and operational processes, facilitating ongoing relationships that yield continuous service and support. The transactions typically involve licensing agreements for their proprietary Monitoring IPs, which clients incorporate into their designs, alongside potential recurring fees for software updates and maintenance services. Given the nature of the technology, the company's offerings are tailored for business-to-business (B2B) engagements, focusing primarily on large-scale electronic manufacturers. This approach ensures that ProteanTecs can maintain revenue stability while delivering ongoing value through enhanced operational insights and predictive capabilities. The company will use the September 2025 funding to enhance its operations, expand in critical markets, innovate new products, and integrate electronics value chain.

## Funding rounds

- Series D, Sep 9, 2025, $51M — Intel Capital, Arm Limited, MediaTek Ventures, Samsung Strategy & Innovation Center, Zeev Ventures, Koch Disruptive Technologies, Addition, IAG Capital Partners, Porsche Automobil Holding SE, Siemens Digital Industries Software
- Series C, May 10, 2022, $45M — Addition
- Series B, Apr 1, 2019, $35M — Intel Capital, Viola Group, Mitsubishi UFJ Capital, Redline Capital Management, Zeev Ventures, Celesta Capital, ITI Venture Capital Partners

## Investors

- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series B, Series D
- Viola Group (https://capitalatlas.ai/funds/viola-group) — Series B
- Mitsubishi UFJ Capital (https://capitalatlas.ai/funds/mitsubishi-ufj-capital) — Series B
- Redline Capital Management (https://capitalatlas.ai/funds/redline-capital-management) — Series B
- Zeev Ventures (https://capitalatlas.ai/funds/zeev-ventures) — Series B, Series D
- Celesta Capital (https://capitalatlas.ai/funds/celesta-capital) — Series B
- ITI Venture Capital Partners — Series B
- Addition (https://capitalatlas.ai/funds/addition) — Series C, Series D
- Arm Limited — Series D
- MediaTek Ventures (https://capitalatlas.ai/funds/mediatek-ventures) — Series D
- Samsung Strategy & Innovation Center (https://capitalatlas.ai/funds/samsung-strategy-innovation-center) — Series D
- Koch Disruptive Technologies (https://capitalatlas.ai/funds/koch-disruptive-technologies) — Series D
- IAG Capital Partners (https://capitalatlas.ai/funds/iag-capital-partners) — Series D
- Porsche Automobil Holding SE — Series D
- Siemens Digital Industries Software — Series D