Protai - About the company
Protai is a seed company based in Tel Aviv (Israel), founded in 2021. It operates as a Provider of AI-enabled platform for proteomics based drug discovery and development. Protai has raised $20M in funding from Pitango and Grove Ventures. The company has 70 active competitors, including 40 funded and 4 that have exited. Its top competitors include companies like Generate Biomedicines, Cradle and Profluent Bio.
Company Details
- Website
- protai.bio
Key Metrics
Founded Year
2021
Location
Tel Aviv, Israel
Stage
Seed
Total Funding
$20M in 2 rounds
Latest Funding Round
Ranked
25th among 70 active competitors
Employee Count
29 as on Sep 30, 2026
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Protai's funding and investors
Protai has raised a total funding of $20M over 2 rounds. Its first funding round was on Jan 05, 2022. Its latest funding round was a Seed round on Mar 15, 2023 for $*****. 3 investors participated in its latest round. Protai has 3 institutional investors.
Here is the list of recent funding rounds of Protai:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 15, 2023 | 4045370 | Seed | 1364398 | 6599637 | 6907759 | 1106100 |
Jan 05, 2022 | 6578129 | Seed | 3009932 | 5150637 | 6177870 |
View details of Protai's funding rounds and investors
Protai's founders and board of directors
Founder? Claim ProfileProtai's employee count trend
Protai has 29 employees as of Sep 26. Here is Protai's employee count trend over the years:
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Protai's Competitors and alternates
Top competitors of Protai include Generate Biomedicines, Cradle and Profluent Bio. Here is the list of Top 10 competitors of Protai, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Generate Biomedicines 2018, Somerville (United States), Public | Developer of a platform for generating novel protein-based therapeutic modalities | $693M | 67/100 | |
2nd | Cradle 2021, Zurich (Switzerland), Series B | Provider of chemoproteomics solutions for protein design and development | $103M | 67/100 | |
3rd | Profluent Bio 2022, Berkeley (United States), Series B | Provider of an artificial intelligence-based protein design platform | $150M | 66/100 | |
4th | Nimbus Therapeutics 2009, Cambridge (United States), Series F | Developer of targeted therapeutics for cancer, metabolic and inflammatory diseases | $637M | 64/100 | |
5th | EvolutionaryScale 2023, New York City (United States), Seed | Provider of an AI models for protein design | $142M | 64/100 | |
6th | Eikon 2019, Millbrae (United States), Public | Protein tracking and measuring tool for drug discovery | $1.16B | 64/100 | |
7th | Frontier Medicines 2018, San Francisco (United States), Series C | Developer of a bioinformatics platform for drug development and chemoproteomics | $236M | 58/100 | |
8th | AI Proteins 2021, Boston (United States), Series A | Developer of de novo designed miniproteins for therapeutic applications | $59.7M | 58/100 | |
9th | Seismic 2019, Watertown (United States), Series B | AI-assisted platform for drug discovery and development | $247M | 58/100 | |
10th | Converge 2024, Wilmington (United States), Series A | Developer of GenAI computational tools for drug discovery and manufacturing | $30.5M | 56/100 | |
25th | Provider of AI-enabled platform for proteomics based drug discovery and development | $20M | 43/100 |
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Protai's Investments and acquisitions
Protai has made no investments or acquisitions yet.
Reports related to Protai
Here is the latest report on Protai's sector:
News related to Protai
•
Pitango Venture Capital Announces $175 Million Healthcare Fund for StartupsClayton County Register•Sep 07, 2023•Pitango, Laguna, Protai, Vertos Medical and 1 other
•
Israeli startup Protai gets $12M to advance drug discovery with AITech Funding News•Mar 15, 2023•Protai, Grove Ventures, Pitango, Maj Invest
•
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Startup Protai Raises $ 8 Million to Discover Promising Drugs Using AIhttps://www.usine-digitale.fr/•Jan 06, 2022•Protai, Grove Ventures, Pitango
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