# Protein Evolution

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/protein-evolution

- Industry: Biopolymers
- Headquarters: US
- Website: www.protein-evolution.com
- Total disclosed funding: $20M
- Latest round: Series C (Jan 31, 2022)
- Investors on record: 5

## About

Based in Connecticut, US, Protein Evolution, Inc. operates as a biotechnology company that manufactures plastic by recycling old ones through its cleantech system. In October 2022, Protein Evolution, Inc. raised USD 20 million in venture funding led by Collaborative Fund, with participation from Eldridge Industries, GoodFriends, New Climate Ventures, and Nextrans.

Protein Evolution, Inc. is a developer of a biotechnology platform designed to improve the world, making it cleaner. Furthermore, the firm leads single-molecule biophysics, deep learning, and chemistry, enabling researchers to refine the AI algorithms that support generating even more specialized proteins.

The company plans to use the October 2022 funding to further enhance its technology.

## Funding rounds

- Series C, Jan 31, 2022, $20M — Collaborative Fund, Eldridge Industries, Nextrans, Good Friends, New Climate Ventures

## Investors

- Collaborative Fund (https://capitalatlas.ai/funds/collaborative-fund) — Series C
- Eldridge Industries (https://capitalatlas.ai/funds/eldridge-industries) — Series C
- Nextrans (https://capitalatlas.ai/funds/nextrans) — Series C
- Good Friends — Series C
- New Climate Ventures (https://capitalatlas.ai/funds/new-climate-ventures) — Series C